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Fomenka
Feb 8, 2022 4:36 PM

Nasdaq Setup Β Short

US Nas 100OANDA

Description

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High probability setup using Elliott Wave pattern. Short from here to 14,000.

Comment

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still short
Comments
Just_Kg
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🎯
Fomenka
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@Just_Kg, check the updated one
TheRealDezB
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So would you say short from the 15kish area now? I think that’s the last area of rejection. If it blow through that it’s going to 15700
Fomenka
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@TheRealDezB,
I am short
sanjar1243
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@DEUS, Doesn't it depend on how the CPI report is going to be Tomorrow? there might be melt-up if the CPI will be better than expected (which could be temporary, because of Omicron people were sitting at home, however, March results will show the opposite)
Fomenka
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@sanjar1243, possible. But.. you know I found it pointless trying to figure out how the markets will react to the news. I stick to my analysis. If wrong - bite the loss and move on.
Fomenka
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@sanjar1243, found a good trading quote "We don't care about 'why'. Real traders only have the time and interest to care about 'what' and 'when' and 'if' and 'then'. 'Why' is for pretenders."

-JC Parets.
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