T_Harth

Nasdaq 100- Double TOP!

Short
T_Harth Updated   
TVC:NDQ   US 100 INDEX
Attached: Nasdaq 100 Daily Live Price Chart as of 28th March 2023

Pretty Straightforward Chart:
- Price rejects for the 2nd time at 0.382 Fib, this is a Double TOP Sell Signal
- Elliot Wave Count shows Corrective Bounce complete in form of WXYXZ with C wave of Z being an Ending Expanding Diagonal
- Price puts in a Higher High but RSI puts in a Lower High, aka Divergence

Holding below the round figure level of 13000,
the Nasdaq (NDQ) is a SHORT

for a Downside Target= 11700 & below...
Trade closed: stop reached

Siddharth Bhansali

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