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JoeBigBoi
Feb 18, 2023 8:17 PM

Nasdaq 100 - Potential Downward Movement Short

E-mini Nasdaq-100 FuturesCME

Description

Nasdaq 100 will continue its downward trend. Exit at 3rd demand zone
Comments
Woerle
...... there is a established flag built and you are at the lower BB. I would therefore not conclude that the trend is down - rather upwards. Truely, there are some headwinds from the development of interest and FED-talks, but remember, in the past we had rising stocks on interest levels like we have now and even higher..........
JoeBigBoi
@Woerle, Don't you think that's more of an exception than the rule? Usually, when feds hike rates, dollar becomes stronger and stocks go down. There's anticipation that fed will raise interest rates and usually feds raising interest rates is a self-fulfilling prophecy. There's also talks in wall street that privately stocks will still plunge. We'll see in the next few weeks or months.
smritservices786
You gave us Twitter but direct mesage not allowed how can I contact
JoeBigBoi
@smritservices786, Sorry I don't accept DMs. You can ask your question here.
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