NDX D1: LIQUIDITY DRAG - 40% correction possible? (NEW)

NDX D1: LIQUIDITY DRAG - 40% correction possible? (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because short-term I expect
more losses / 40% correction possible.

🔸 Summary and potential trade setup
::: NDX D1 market overview/outlook
::: massive amount of untapped liquidity
::: left behind the parabolic 2020 recovery rally
::: angle of attack in not sustainable
::: PRICE/RSI10 div on daily price chart
::: odds are stacked in BEARS favor right now
::: I see only limited upside from here
::: One of the longest bull markets in history
::: 460% gains off the cycle lows
::: upside likely limited from here
::: some major tail risks for the bull market
::: including riots/violence across US next few weeks
::: also new wave of lockdowns might be imposed in US
::: and this in turn may result in riots/violence
::: not many positive factors supporting further gains
::: aside from the stimulus package
::: problem with stimulus - it's already FULLY PRICED IN
::: by the traders. it's already a done deal.
::: Bulls need a new catalyst to restart the bull run
::: I don't see any viable catalysts aside from
::: mass roll outs of the vaccines
::: which are likely delayed untul Q2 2021
::: therefore odds are shifting in BEARS favor now
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/CORRECTION
::: Sentiment outlook mid-term: BEARS/CORRECTION