Indice Nasdaq 100Short
A multi time frame analysis
Daily: at the bottom of a bearish channel
Weekly breaking below the support line strongly
Monthly: lower highs and lower lows for 3 months in a row! this pattern was only seen during the 2022 bearish market in the post-pandemic era!
Conclusion:
It is highly likely that we are moving toward a bearish market and any upward move should be considered temporary
The same story is true for SPX:
https://www.tradingview.com/x/oakLsB7l/
DJI:
https://www.tradingview.com/x/jjqU4bDn/
Weekly breaking below the support line strongly
Monthly: lower highs and lower lows for 3 months in a row! this pattern was only seen during the 2022 bearish market in the post-pandemic era!
Conclusion:
It is highly likely that we are moving toward a bearish market and any upward move should be considered temporary
The same story is true for SPX:
https://www.tradingview.com/x/oakLsB7l/
DJI:
https://www.tradingview.com/x/jjqU4bDn/
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.