The_Unwind

Nasdaq 100 Comepletely False Breakout Top

Short
TVC:NDQ   US 100 Index
As seen on my 2 hour chart, the Nasdaq 100,
lead by technology stocks in a final"burst in August to get on board at any cost,
has formed a very dangerous completely False Breakout Top.

Downside Risk in the Pattern should be obvious to any technology longs,
who now see themselves trapped, by their own actions.


THE_UNWIND
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.