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.
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Today was the possible day of reversal. Strong start and then down.
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Excellent down move today as expected. Let's see the close of Wednesday.
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Let's see what will happen at 7200...
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On the very short term (1H chart) a reaction will soon appear. As soon as it starts I will update again.
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This is the 1H chart and what I expect to see
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Increasing SHORT position
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Above 7580-7585 the trade will be closed. This is my STOP