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NAS100/QQQ H16: Straight dump or 15% correction? (STOCKS)(NEW)

Short
OANDA:NAS100USD   US Nas 100
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NAS100/QQQ H16: Straight dump or 15% correction? (STOCKS)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: NAS100 / QQQ H16 market overview/outlook
::: expecting more losses next few weeks
::: a/b/c/d/e complex correction
::: most likely outcome: more selling
::: based on AB swing I got two targets
::: 13 6000 and 13 400
::: means we will get more follow-through selling
::: STRATEGY: SHORT RIPS/RALLIES
::: Bears EXIT later near point b
::: Expecting STRONG downside next 3-6 weeks
::: similar a/b/c/d/e/ fractal in 2020/2018
::: review on the right hand side
::: And volatility spike in VIX (up to 40%)
::: it's too early to call the reversal though
::: recommended strategy: SHORT RIPS/RALLIES
::: TP BEARS 13 400 and 13 600
::: END Of year rally still possible? YES, but too
::: early to call it right now
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: BEARS/MIXED

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