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Nasdaq 100 Index
Short
Updated

Nasdaq bearish Wyckoff Redistribution Schematic, next leg down?

430
NNQ Wyckoff Redistribution Schematic on the daily chart!💥📉

Pattern Confirmation: price breaks and holds below 11650

NASDAQ has also rejected off the 20w SMA, 21w EMA ⚠️

Looks like a potential start of the next leg down.
Note
20w SMA , 21w EMA here on the Nasdaq chart:

snapshot
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Chart PatternsTechnical IndicatorsNASDAQ 100 CFDnasdaqNQredistributiontradingTrend Analysiswyckoff

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Chart PatternsTechnical IndicatorsNASDAQ 100 CFDnasdaqNQredistributiontradingTrend Analysiswyckoff
TradingJoker_
Also on:

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.