As we can see on the
NDX there is a Bearflag pattern that has yet to be broken. As it develops on the lower time frames we will watch for price to trade in this channel and develop on the higher time frames.
After struggling at the top, we expect a short term rejection of the channel back down to the 19,516 Level.
After struggling at the top, we expect a short term rejection of the channel back down to the 19,516 Level.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.