cosmic_indicators

1D NASDAQ100 futures bearish prediction

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
The points outlined in the chart suggest a longer term bearish move with a possible short term rise until the top of the support channel. The target is approximated by extrapolating the "S6 line". The stop is placed slightly above the top of the support channel, which acts as the next resistance.

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