Hadapan NASDAQ 100 E-MINISingkat
NASDAQ 100 - Looking to ride wave C.
I'm watching the NASDAQ as it's approaching an area where I would like to take a short.
I think that it is possible the NQ is still due a violent wave C. This is because the volume on the leg down is much higher than on the rally that has followed.
Therefore I am expecting a failure to achieve a new high followed by a move to down to find support.
If we get a wave C, it will be 5 impulsive waves down with the 3rd likely being the worst.
The idea is invalid if NQ makes a new ATH. This is also a longer term play and I am not expecting anything to happen near term.
Zoomed Out Monthly
I think that it is possible the NQ is still due a violent wave C. This is because the volume on the leg down is much higher than on the rally that has followed.
Therefore I am expecting a failure to achieve a new high followed by a move to down to find support.
If we get a wave C, it will be 5 impulsive waves down with the 3rd likely being the worst.
The idea is invalid if NQ makes a new ATH. This is also a longer term play and I am not expecting anything to happen near term.
Zoomed Out Monthly
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.