Perhaps it is too early to get in to this trade, but it looks like there is a small bit of positive divergence on the Nasdaq 100 on the 1hr time frame. This suggests that the markets want to reverse. The safer idea would be to let it take off and buy upon hidden bullish divergence at some point later on in the week or next week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.