HBtrader22

Short US Equities. The Dead Cat Bounce is Over.

Kort
CME_MINI:NQ1!   NASDAQ 100 E-mini terminer
The market entered an important zone of resistance, formed by important support levels in the past. It is also failing to break through the 180 MA, where it has been rejected many times during this recent downtrend. We have also formed a double top, with bearish divergence shown on the RSI. As soon as we break resistance at 6530 with force, it will be a good short opportunity. I believe this was the completion of the dead cat bounce in the recent days, and we should now see a continuation of the downtrend. I will be playing this through SQQQ .
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.