High on range.
NDX VIEW : BEARISH SELLING ZONE 7720-7740 GAP TO BE COVERED STOP LOSS - 7785 POSSIBLE TARGET : 7640-7600
Short NDX between 7430-7530 T1: 7200 T2: 6960 SL: 7645
I hope you can now see how NDX CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price analysis you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour.. We want your feedback, and...
a channel break and retracement of 0.382 may be seen again similar to the last pattern
NASDAQ 100 (NDX) is overbought on multiple time frames, including daily charts. The multi month bullish trend feel exhaustion and nice short setups with good Reward to Risk ratio start to appear. This time shorting from US market open levels with Reward/Risk of 1.20.
NASDAQ 100 pitchfork Looking forward for a correction below 5560 levels
* Bearish AB=CD * Probably false breakout * Divergence on Stochastic > Test of ~4750 on cards > View negates above 5K
Nq has made if new high 4961, but it has fail to make new high for last three day also EWO has not made new high. so this is may be false breakout in nq, we can shot this counter with SL 5000 on closing basis.