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Bixley
Mar 30, 2020 6:28 PM

Nasdaq - why I wouldn't buy here Short

Nasdaq, Inc.NASDAQ

Description

As can be seen on chart Gaussian alligator can be seen to be opening bearishly on the weekly chart, with a possible rejection at the top of the ichimoku cloud, it may seem bullish at the moment but in fact this is very bearish. Short at your own risk, big players tend to take out shorts.
Comments
Varonos
I have a different opinion here, check this out
Bixley
@Varonos, Looks like a rising wedge, bearish breakdown is common with this pattern
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