Aris_Rising

If there were any doubts, Its not here

Short
NASDAQ:NDX   Nasdaq 100 Index
This is a pretty clear cut chart. NDX is heading down and its going to be nasty. we have had our retracement from february's big move and have lost all steam. There is another active divergence with Bearish market structure and a death cross. The next few weeks will be brutal. ive set my target at a 14% loss but if we break marches lows and they end up turning into resistance that is not broken then this could be our first major sign of a full blown recession. Please tread carefully
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.