Nasdaq show bearish signal , you can notice at the price level.
monthly timeframes, price been up for many months.
now it shows red, i guess it can goes down to where it goes up !
Therefore, i reduce exposure in tech sector and decide to buy SQQQ to hedge some position.
monthly timeframes, price been up for many months.
now it shows red, i guess it can goes down to where it goes up !
Therefore, i reduce exposure in tech sector and decide to buy SQQQ to hedge some position.