Technical analysis update: NQ1! (3rd August 2021)

Within last couple of months NQ1! has experienced one of its strongest bull runs in a history. At the moment Stochastics and MACD are bearish. In addition to that divergence between price and RSI is observable. ADX contains low value which suggests weakening trend. We are uncertain on next move in NQ1!, although, we think investors should be aware of current developements in the market.

Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.