NASDAQ TOPPED OUT
There are 2 parallel line/CHANNELS.
1) RED line & Light GREEN line . (SOLID)
2) ORANGE line & Deep GREEN line. (DOTTED)
NASDAQ broke the number 1 CHANNEL even though it made a all time high.
In next few days/weeks It will break the 2nd dotted CHANNEL. Which may or may not create a new high but people will thinks it's a buy time. Honestly it's proving that market is getting weaker. And I would short it. Once it breaks the DOTTED GREEN LINE then FULLY SHORT TILL IT REACHES 3000 support zone.
1) RED line & Light GREEN line . (SOLID)
2) ORANGE line & Deep GREEN line. (DOTTED)
NASDAQ broke the number 1 CHANNEL even though it made a all time high.
In next few days/weeks It will break the 2nd dotted CHANNEL. Which may or may not create a new high but people will thinks it's a buy time. Honestly it's proving that market is getting weaker. And I would short it. Once it breaks the DOTTED GREEN LINE then FULLY SHORT TILL IT REACHES 3000 support zone.
Publications connexes
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.