TradingView
AlanSantana
Apr 15, 2024 10:28 PM

📈 Nasdaq Turns Bearish | Keeping It Simple Short

NASDAQ 100 IndexNASDAQ

Description

â‹…
Hello amazing trader —you are GREAT!— how are you feeling today?

Here we have the Nasdaq (NDX) chart and this chart has something to say.
We will keep it simple because we think simple is best.

âž– Bearish harmonic pattern


👉 We have a rounded top and a top leads to a drop!

Support targets:

1) Around 16,500
2) Near 15,400 with a wick lower.
3) Going for 14,480 and this is a strong support.

We wait for #3 and see how it goes.
It can go lower of course but that one is a strong support.

We go step by step.

Namaste.
More