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US 100
Short

NASDAQ Wait for the right sell entry at the top of the Wedge.

594
Nasdaq is rising after the price found Support at the bottom of the Falling Wedge.
It is approaching the MA200 (4h) but the technical Resistance is inside the 0.618 Fibonacci level and the Falling Resistance.

Trading Plan:
1. Sell at 15170 (Fibonacci 0.618).

Targets:
1. 14900 (pull back to the MA50 4h).

Tips:
1. Only a crossing over Resistance (1) can restore the bullish trend. Until then the index may even turn sideways inside a Rectangle for a while.

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Notes:
Past trading plan:

NASDAQ Triple buy signal on the short term.
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Chart PatternsTechnical IndicatorsnasdaqNASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESTrend Analysisus100

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.
Chart PatternsTechnical IndicatorsnasdaqNASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESTrend Analysisus100
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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉

Also doing account management, earn +15% monthly profit!

👉CONTACT: t.me/tradingbrokersview

Stop gambling with your trades! 🎰
Start being profitable! 💰
Also on:

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.