Short
NASDAQ Forecast
D1 - Price has reached a key resistance zone formed by the 261.8% (11191.7) fibonacci expansion level of the first wave and the 161.8% (10995.4) fibonacci expansion level of the second wave. Bearish divergence.
Expecting corrections to happen now.
H4 - Bearish convergence. Currently, it looks like a pullback is happening.
H1 - Bearish trend pattern.
Expecting further continuation lower after pullbacks.
Expecting corrections to happen now.
H4 - Bearish convergence. Currently, it looks like a pullback is happening.
H1 - Bearish trend pattern.
Expecting further continuation lower after pullbacks.
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