NDX leading the pack again. Watch for another break down to confirm trend.
Good Morning Traders! I am sharing a short review of Nasdaq, WTI / US crude oil, Gold and EURUSD! Trade safe!
The NDX or NASDAQ tech 100 has been heading south. In the screencast I explore the current trend south on the 4H and compare it to previous 4H trends. The characteristics of the current downtrend look different.
Sound quality is not great because I'm away from home, working on my laptop. Important things in this: 1. This is a parabolic chart in the last few months. 2. The uptrend on the weekly and daily time frames appear to show some weakening.
still looking to long on the NAS100. looking for a possible .2618 retracement for an entry
Looking for a short on the NAS100 same outlook on the S&P 500
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...