Nasdaq 100- Double TOP!

T_Harth Updated   
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

✔️FREE Telegram Channel t.me/T_Harth
✔️Twitter Handle @T_Harth

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.