SwingTrader95
Short

NDAQ SHORT based on Short- and Long-term Trend

NASDAQ:NDAQ   NASDAQ INC
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RSI and Stochastic suggest a LONG position until trend-line (YELLOW) at 100.00, within a week. Wait for reversal down to trend-line (RED) at 93.30-93.75, Which has been a strong short-term support, proven on 26 Dec `18, 08/20/22 Mar `19, 23/31 May `19. If broken it will find another strong short-term (resistance turned) support (BLUE) at 92.90. This support has been proven on 03 Dec `18, 01 Mar `19, 01/06/10 May `19 as resistance before being broken on 05 Jun `19. If both support trend-lines are broken expect SHORT all the way to the long-term supporting trend at 86.50 to 88.00. this trend-line acted as a strong support in Apr/May/Jun `14, Aug `15, May `17, Feb `18, Oct `18, Mar `19, with a short false breakout over 2 months in Dec `18 and Jan `19. Except to hold a LONG when this support trend-line (WHITE) has been hit.
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