In the last 7 trading days the NDX tried to break 4x this supportline but failed
There are more stockmarkets out there showing similar patterns.
If you watch them one by one than you might agree that there is one more leg up to come. If you also watch gold and the US T Bond Yields you can see similar pattern as well wich offers short term based downside potential. Usually this is helping stocks to go higher.
There are more stockmarkets out there showing similar patterns.
If you watch them one by one than you might agree that there is one more leg up to come. If you also watch gold and the US T Bond Yields you can see similar pattern as well wich offers short term based downside potential. Usually this is helping stocks to go higher.
Trade closed: stop reached
Trade closed manually