US 100 Cash CFDShort
(risky) short idea for NSXUSD
Hello world,
today a short idea for the recent rallye.
Macro situatiion:
- still no demand in multiple sectors
- (in my opinion) way too fast recovery in tech-stocks
- "buy in april, sell in may" sentiment allover the markets
- (until now) useless actions of central banks
- bailout discussion not yet started (as soon as companies become illiquid, this might add too it)
chart technicals:
- downward momentum in previous daily candles
- reached 100 D MA
- dipped below 14 D MA
- reached daily resistence line and turned around
- MACD sell signal
This is quite a risky one, would be interesting to find out what happens.
All the best,
c4ss10p314
today a short idea for the recent rallye.
Macro situatiion:
- still no demand in multiple sectors
- (in my opinion) way too fast recovery in tech-stocks
- "buy in april, sell in may" sentiment allover the markets
- (until now) useless actions of central banks
- bailout discussion not yet started (as soon as companies become illiquid, this might add too it)
chart technicals:
- downward momentum in previous daily candles
- reached 100 D MA
- dipped below 14 D MA
- reached daily resistence line and turned around
- MACD sell signal
This is quite a risky one, would be interesting to find out what happens.
All the best,
c4ss10p314
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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.
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.