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Apr 17, 2019 3:27 AM

NASDAQ - Triple Top - Asceding Wedge - Potential SELL  Short

TVC:NDQ1D
US 100 IndexTVC

Description

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The NASDAQ is in a huge 'Ascending Wedge' similar to the one back in OCT 2018
You can see the RSI is capped in a negative trend, similar to Oct 2018
FIB retracement is suggesting 7300 for a target area

Also a TRIPLE TOP on the daily candles.

Stop loss above the resistance level of 7700.





Chart PatternsTechnical IndicatorsTrend AnalysisnasdaqascendingFibonacci Retracement
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