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teemz
Apr 22, 2024 6:06 AM

We're certainly BEARISH on NASDAQ Short

US 100Capital.com

Description

The market has been cascading since last week and fulfilling all our analyses. On the weekly timeframe, we see that the market closed with a long BEARISH candle and broke the upward trendline with a full candle body. This week, it has opened with a BULLISH candle indicating that there will be some market manipulation and retracement generally.

However, there is almost a certainty of trend continuation to the downside.

NB: This is not a financial advice. Use wise risk management.

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Wish you all a fruitful and profitable week.
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