Nasdaq under pressure and aims for 18'400
Mis à jour
NQ is being pushed down, and a rebound doesn’t seem possible at the moment.
There are some fundamental factors supporting this weakness. However, as a chart analyst, I focus on the signals within the chart itself.
What I see is a possible target around 18,400, which aligns with the L-MLH.
With the weakness of the MAG7, the Nasdaq is unlikely to make further gains. The options are sideways or down. The latter is what I trade according to the rulebook.
There are some fundamental factors supporting this weakness. However, as a chart analyst, I focus on the signals within the chart itself.
What I see is a possible target around 18,400, which aligns with the L-MLH.
With the weakness of the MAG7, the Nasdaq is unlikely to make further gains. The options are sideways or down. The latter is what I trade according to the rulebook.
Transaction en cours
On the road. Nothing to do here, just enjoy the ride so far.
PTG1 in sight.
Note
NQ is in downward mode.
To me, all these pullbacks to the upside is just noise and Algos.
I see NQ lower in the coming weeks and months.
Clause de non-responsabilité
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