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Juliac
Aug 7, 2020 6:20 PM

Nasdaq - correction coming?? Short

E-mini Nasdaq-100 FuturesCME

Description

A jittery day plus a possible "tweezer top" candlesticks forming today near the channel top. The day isn't over yet and unless we have a good rebound within the next 2 hours, then it looks like we could be heading into some correction over the next few days.

Go flat, reduce,hedge your longs... or even go temporarily short?

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.

Comment

just a 3 day correction, the bulls are happy again :)
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