This trade should be viewed in combination with the trade on the SP500 that I posted yesterday, the link is below.
The weekly chart of Nasdaq here
On the daily chart, the local support was broken. At the moment, the market looks very heavy.
Comments
jangseohee
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Could be a fake down as NDX closed as a high spin DOJI, with US dollar that strong, Mdm Y was "blackmailed" not to hike rates, hence Christmas Rally is potential
vlad.adrian
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Whatever will happen, when I will look back in a month or two, I want to say that I had a short position and I will pat my back regardless of whether I made money or not.