Decodingthemarket

Nasdaq Falls More Than 2%

Short
CME_MINI:NQ1!   Futures NASDAQ 100 E-MINI
NOW IS NEGATIVE FOR THE YEAR

May Be, Could Be More Pain Coming Ahead
The Head and Shoulder Brake Down Can Be Considerably Lower
If You Follow my Idea that I published on February 16,
I shared the Potencial Drawdown .
As Today We are very Close to Reach the Blue Bar Pattern (1)
Price is Reacting earlier .

1.-Please be Aware that Some Traders will Take a Support Area to go the Other Way and Continue the Uptrend
2.- If the Daily Candle Close Below Resistance We Could Have Another Deep About 4-5 %
3 The 200 MA Could be Strong Support to go Long
4 You Must be Patient
Note: This is NOT a Financial Advice
Please Make you Own Research
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Have A great day!!

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