$NAS100 Completes ABCD advance and nears channel resis /time cyc

FX:NAS100   NASDAQ 100 Index
$NAS100 Completes ABCD advance and nears channel resis /time cyc. Build short position on Friday open slowly into next week
as a foreign investor to US market, I'm startled to find NAS100 and AMZN just keep climbing , seems technique analysis doesn't work for those two .. amazing
Sachinsyd fdtbeijing
BIg players actively manage stock prices of big cap IT plays to defend their positions in Index derivatives. Best clue comes when u pull up a comparative chart of say AAPL/AMZN and so on. The market is rigged. The only thing that is useless is Fundamental analysis.
fdtbeijing Sachinsyd
thanks for your kind warning, happy trading
How big should be the drop. Thanks a lot.
Sachinsyd MaxRohrig
well, the parallel channel support in blue is the target . In between there should be whipsaws plenty unless #DB #DBK bust is declared in which case nosedive.
+1 Reply
MaxRohrig Sachinsyd
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