Weekly: see previous post about possible diamond top
- setup is back to neutral (with still bias), but in fact it is hard to purely trade signals and levels now, as increased, and avreage lines are flat. Signals will be too late or too early. In this case Heikin-Ashi helps you more!
- Heikin-Ashi has turned counter for last 4 days, but today we have an important signal: haDelta is reaching extreme high too quickly after reversing from its extreme low. haDelta/SMA3 crossdown with price at 4400-4435 key supp/res may be an early warning for possible decrease in counter momentum.
- EWO is
Not yet a sell, but those who are long may offload some of their exposure.
For me Nasdaq100 strategy remains "sell rallies and tops". Of course we have see higher probability local top.
Lower support is at Kijun 4362.