- Nasdaq recently got rejected after trading at its all-time high
- Nasdaq is currently retracing and looking to first mitigate the recent origin its started the impulsive move from
- From a Trading perspective, I would prefer scalp shorts and complement them with swing longs once the retracement is done and completed
- A shorter TF should lead to a retracement and a HTF should lead to another round of expansion
- All this can invalidate once you see THE FED delivering a hawkish stance and start hiking rates
- Nasdaq is currently retracing and looking to first mitigate the recent origin its started the impulsive move from
- From a Trading perspective, I would prefer scalp shorts and complement them with swing longs once the retracement is done and completed
- A shorter TF should lead to a retracement and a HTF should lead to another round of expansion
- All this can invalidate once you see THE FED delivering a hawkish stance and start hiking rates