NASDAQ - Potential REVERSAL
NASDAQ is currently at a major support. What I'm noticing is that it is almost identical price action as happened in June. Nasdaq had a major bounce on 6/15 which was followed by a heavy sell day on 6/16 (very much like today). However it was immediately reversed the following day on 6/17. The breakdown on 6/16 ended up being a big bear trap which ended up with a bull run into mid August.
As usual - NOT A PREDICTION. Just an observation of price action and trying to keep an un-biased view.
PLAN: Watching today's closing price and where we end up tomorrow. /NQ is at a major turning point.
As usual - NOT A PREDICTION. Just an observation of price action and trying to keep an un-biased view.
PLAN: Watching today's closing price and where we end up tomorrow. /NQ is at a major turning point.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.