Lamassu_Trade

NASDAQ downtrend scenario

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SKILLING:US100   US100 CFD
Dear Members,

I trust this message finds you well.

It has been some time since I last shared my insights, and I am pleased to reconnect with you today.

Observing the recent market developments, it is worth noting that NASDAQ has exhibited a transition from dynamic resistance to support. However, the current price appears to have descended below this crucial level, indicating a potential reversion to resistance.

In light of this, there may be an opportunity to consider a short position at this juncture. It is essential to exercise patience, as there is a possibility of a deceptive upward movement.

Please feel free to add your comments and share your ideas on this topic. Your input is highly appreciated and enriches our collective knowledge.

Thank you for your engagement
Komen:
update
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