Short
NASDAQ is getting ready for a big drop

Dear Colleagues,
It is evident that the NASDAQ has relinquished its prior uptrend momentum and currently finds itself within a downtrend channel. Notably, it is approaching the upper threshold of this channel, signaling the potential for a substantial downturn. In light of this development, we strongly urge you to remain vigilant and exercise judicious risk management practices.
Sincerely,
It is evident that the NASDAQ has relinquished its prior uptrend momentum and currently finds itself within a downtrend channel. Notably, it is approaching the upper threshold of this channel, signaling the potential for a substantial downturn. In light of this development, we strongly urge you to remain vigilant and exercise judicious risk management practices.
Sincerely,
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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.