Nidalas
Short

NASDAQ 100 short

NASDAQ:NDX   Nasdaq 100 Index
Good risk reward ratio for shorters, potentially a big correction incoming


Similar pattern all across the market, longs should thread carefully
Oct 11
Comment: Good drop, 10% since top
Short term traders or people with confidence that it is only a corrective wave can take a profit to secure the trade or at least lower the stop loss

Buyers should wait for a bottom to form, or use elliott wave theory to get a sense of when to buy back

Note : the target zone is a reference only, even if it is a strong possibility, but will probably take a long time.
Oct 24
Comment: 13% drop since the top, over 20% in top stocks such as Amazon

We are at a good first profit taking zone
Letting the rest ride
Oct 30
Comment: Warning was given

There is still room for a lot of downward movement

Nov 23
Trade closed: target reached: We should see a relief rally for a dead cat bounce in not too long.
Shorters should start being cautious in the short term.
Mid term, things are still looking grim for now

Nov 28
Trade closed: target reached: Rally in progress.

I expect long positions to get some profit, to secure the counter-trend trade, or unload some very long term positions on the bounce on the back of reckless shorters predicting the end of the world.

Great volatility overall
Dec 31
Trade closed: target reached: Mid term target reached at 5900, Final target is still 5300-5500 after a successful counter rally trade
Profit has been taken on the way down gradually
Be careful of the new year's strong volatility

I'm keeping some to run for a potential stronger crash

This idea will probably be closed soon for a newer idea if we see a reversal early 2019

Wish I saw this yesterday.
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Nidalas PierreVisconti
@PierreVisconti, Don't worry, there is always possibility to join a pullback (with proper smaller sizing of the position due to greater risk), or even another opportunity
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