Long
$NAS, Hanging On A Cliff…
Daily
Looking at our trend timeframe we see NAS is currently respecting our downtrend, stochastic rsi showing momentum in favor of bulls. A daily close above 2700 activates our trade, however if rejected at this level expect a sell off towards 1900 where we could be seeing a potential double bottom.
Related publications
Disclaimer
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.