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Short

Short #Nasdaq on Bad fundamental Data #NAS100 #US #stocks

FX:NAS100   NASDAQ 100 index of US listed shares
39 0 1
Last Friday we saw a sell off in the market. The News telling us that's it because new trading regulations in China and a possible Grexit (Greece could leave the euro             zone). What ever it might be. I think, based of the bad data, the sell off will continue the next days . That's why a place my short position on Nasdaq100 at 4385.
The bad fundamentals are:
  • US Industrial output fell to -0.6 percent mom in March, it's the lowest figure since August 2012

  • disappointed US Housing Starts Numbers 926.000, US average is at 1447.25 Thousand from 1959 until 2015

  • inflation rate in US was recorded at -0.10 percent in March of 2015
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