Nasdaq futures learning point

220
Similarly to a previous idea posted (and linked below), the NASDAQ is likely to have topped. In fact, the technical outlook for NASDAQ looks a lot more challenging as the Relative Price Momentum Indicator turned down in bear territory.

Point here I wanted to bring up is that the last three weeks candlesticks can be viewed slightly differently, giving a deeper analysis.
Note the box in the chart...
IF we combine the two green candles, and we can do that as it is pretty much a meeting point continuation of the two weekly candles, and this week's candle, we get a Inside candle pattern, the set up for a Three Inside Down, most likely.

Watch the coming week... check at the end of the week and you may see what I mean!

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.