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NASDAQ - SELL IDEA

Short
US100 CFD (SKILLING:US100)  
SignalsProvider Updated   
SKILLING:US100   US100 CFD
Trend Analysis Gann Technical Indicators nasdaq nasdaqshort Indices trading investing newsignal freesignals signalprovider telegramsignals
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trendanalysis gann indicator nasdaq nasdaqshort indices trading investing newsignal freesignals signalprovider telegramsignals
Analyzing NASDAQ (US100) on the 15-minute chart using Elliott Wave Theory, I observed that wave (5) marked the end of the recent upward move. Following this, I am expecting wave (a) to start a downward correction. The first potential target for wave (a) is around 18622.2, corresponding to the 0.382 retracement level. If the downward momentum continues, wave (a) could extend to 18592.0, which aligns with the 0.5 retracement level, or further to 18561.7, the 0.618 retracement level. This setup suggests a short position on NASDAQ.
Trade closed: target reached
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