ewtrader86
Short

Potential selling zone in Nasdaq.

FX:NAS100   NASDAQ 100 index of US listed shares
60 0 0
One big up day followed by a big down day. The trading of the past two days almost completely ruled out the possibility of a near term new high for equity. The opportunity of shorting the market is better at Nasdaq IMO             . AAPL             is going to $80. Health care sector is also turning very bearish . The Nasdaq index is overall much weaker than the S&P             . And it is in a triangle. I am looking forward to short the market at around 4435 or 4520. The down side target could very significant, below 4000 IMO             .
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