CodedFlow

NDX Bull Trap

Short
CodedFlow Updated   
NASDAQ:NDX   Nasdaq 100 Index
- a cone in a megaphone
- both are placed between 2 major weekly lines
- if this is not a trap i do not know what is...
Comment:
if you watch NDAQ you see the Daily candles in nice order going to go down under RSI 40. NDX containing big companies might be about large buybacks of stock - a decision which is faulty at best.

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