Short
US100 Bearish shark?
Hey guys, my first post here. I wonder what you think of this idea. We see a possible early negative divergence forming on the daily. Thinking of possible ways down we might see a rebound first - perhaps through a bearish shark, before going down? What do you think?
I am short term bullish on the NDX, middle term bearish and long term bullish.
Either way I am partially long from these levels (> 10 yr investment horizon) and will keep buying on any subsequent dip down.
I am short term bullish on the NDX, middle term bearish and long term bullish.
Either way I am partially long from these levels (> 10 yr investment horizon) and will keep buying on any subsequent dip down.
Note
Forgot to mention but ideally I would like to see the negative trendline on the RSI getting crossed to confirm the long bias.
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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.