On the top down analysis of nasdaq we can see that we have confirmation of short to go and retest the neckline which is the break of structure, and all directional timeframes are moving accordingly. and on our cot report we can see that longs are closed and only shorts are opened.
Comment:
our weekly neckline target was hit. And also on daily Tp was hit and also our second tp at daily confluence, was also hit which is inline with our daily structure
Trade closed: target reached