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NASDAQ And The Changing Fed: Full Tech / Fundamental Analysis

1009
Hey Traders,

After comments regarding rate hikes and inflation came from the FED we can RE analyse the Nasdaq.

A lot of Traders ask me about this so I thought I'd cover the direction of the market + my Tech view for entries.

Watch for more.
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Entries New circa 16K (DCA or otherwise)
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News pulling down.
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RE short on higher pushes as described.
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Maintaing short bias.
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Focus on news next week to dictate.
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Dawdling market still remains. More impetus needed on greater news sentiment from FED.
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Watching for sentiment via CPI data.
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Still trading inline with S&P / DJI
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Maintaining short bias.
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Watch news.
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RE short back at highs.
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Exit shorts if still in. Looking for minor bounces with light risk on higher TF support.
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Exit shorts. Minor longs OK.

Penafian

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