Shorting opportunity for NAS. It made a Dubble top and broke the neckline. I am looking for an entry on the retest of the neckline from the DT. It's also the 200 MA retest in the same zone. Nas broke the trendline as well to confirm that it will be going down even more. If it hits my SL I will look at n reentry at the retest of the trendline only when it breaks...
shorting opportunity. Yesterday I said if it breaks11980 I will look at going short. It broke and it is at a nice sell zone now but I will wait for more conformation. Break of the trendline and a retest on 11950 or the trendline will give us the perfect shorting opportunities.
Key resistance area for nice shorting opportunities a break in this zone will take us up to 11500-11600