The Nasdaq100 is close now to a pause and a move down.
Overall the big picture remains robust but on the short term I expect soon some vulnerability.
So we could see around 7700 a pause then a reversal and a 3-4% down move.
Upon confirmation of the corrective move, I will post a new comment.
Overall the big picture remains robust but on the short term I expect soon some vulnerability.
So we could see around 7700 a pause then a reversal and a 3-4% down move.
Upon confirmation of the corrective move, I will post a new comment.
Trade active:
Excellent down move today as expected.
Let's see the close of Wednesday.
Let's see the close of Wednesday.
Trade active:
Let's see what will happen at 7200...
Comment:
On the very short term (1H chart) a reaction will soon appear. As soon as it starts I will update again.
Comment:
This is the 1H chart and what I expect to see
Trade active:
Increasing SHORT position
Trade active:
Above 7580-7585 the trade will be closed.
This is my STOP
This is my STOP
Comment:
7600 is also acceptable as a STOP
Strong start and then down.