nasdaq100 momentum divergence to shorta channel break and retracement of 0.382 may be seen again similar to the last pattern
US100 trade ideas
NASDAQ 100 Short Trade on H4 ChartNASDAQ 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 - Good Bye 5K?* Bearish AB=CD
* Probably false breakout
* Divergence on Stochastic
> Test of ~4750 on cards
> View negates above 5K
Nasdaq, false brekout 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.
