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InvestMate
Dec 27, 2022 3:19 PM

📉Nasdaq Ahead Of Declines📉 Short

NASDAQ 100 IndexNASDAQ

Description

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📉Nasdaq Ahead Of Declines.

📉📉Nasdaq provokes declines to near recent lows.

📉Looking at the technical situation, all signals unanimously say "we are falling"

📉Looking at the fact that we are under the two moving averages 200 and 50, MACD and RSI are generating downward signals. I have no doubt about the continuation of the declines.

📉I encourage you to watch the Nasdaq because it stands out from other indices. Generating very pro downward signals.

📉I am very curious if there is a chance to see new lows.

📉The scenario I am playing out is a continuation of declines to the vicinity of the support zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

📉 *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Comments
InvestMate
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Do you expect to reaching new lows?
Ericcramer
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That is a pretty optimistic target.
Is this your soft landing theory?
Thank You
InvestMate
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@Ericcramer, Yes but as I wrote I don't rule out going lower
basictradingtv
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Appreciate your content!
InvestMate
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