ismartinvesting

Nasdaq- Back to local support

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Looking for some downside back to local support area and then a break down from there as well... don't be surprised to see things keep on going down till we reach 9,000 or so, where the Nasdaq can grow back with confidence and time. Just like a bull market seems to never end, bear markets work the same way... just when you think it's over another leg down comes... you have to understand short interest and look at how many stocks have a float on them.
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.