Sachinsyd
Short

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

FX:NAS100   NASDAQ 100 index of US listed shares
$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
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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.
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fdtbeijing Sachinsyd
thanks for your kind warning, happy trading
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How big should be the drop. Thanks a lot.
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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
Thanks.
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