Trade of the Month - NASDAQ's behaviour on Tech stock weakness

Short

US Nas 100 (OANDA:NAS100USD)

Updated

OANDA:NAS100USD US Nas 100

Trend Analysis Harmonic Patterns Chart Patterns trump S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) USD Indices SELL Bearish Patterns

trendanalysis harmonicpatterns chartpattern trump spx500 spy usd indices sell bearish

Reasons of going short on NASDAQ (US indices):

- Weaker Tech sector (Poor earnings).
- Trade war uncertainty.
- Lower High displaying bearish pressure.
- First Oversold Signal

Trade closed: stop reached

Related Ideas

about SPX500USD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.