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CreativeMillennialInv
Feb 20, 2024 6:35 AM

Nas100 Short Trade Short

US 100 IndexFXCM

Description

Nasdaq has been Diverging on the Daily MACD since January 26th. Momentum is finally signaling towards the down side. Failing to make Higher Highs on the 4 Hour Time Frame, rejecting perfectly off of the upper Trend Line. Confirming that there is a Trend Change coming. Stop Loss placed above the Trend Line at 18092.26.
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