US100 CFD

My immediate view on Nasdaq

42
Lately we’ve been experiencing a bit of a turn on Nasdaq, it has changed its impulsive bullish nature -now we’re buying short and selling long. This new nature is quite visible on weekly and daily timeframes, this is a hint to be wary of... Our immediate structure is showing a remarkable fall with slightly bullish corrections, now price has reached our significant region, it has made a beautiful retracement to our liquidity zone and provided us with a clear shooting star candlestick that indicates a strong reversal. We’re looking to take buys from here...

Penafian

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