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US Nas 100
Short
Updated

NASDAQ Look for continuation out of this correction

675

Hello everyone:

NASDAQ is looking very clean for the next continuation down.

We see price dropped down impulsively from the top, broke out of the HTF ascending channel.

Then we see price begin to consolidate, and potentially forming a correctional structure.

I do see this as a continuation, to correct the previous down move.

I would like to see price breakout from that structure, and look for LTF correction for entries down to the next lows.

Thank you
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jojofang0901
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Chart PatternsFLAGNasdaq Composite Index CFDNASDAQ 100 CFDParallel ChannelpatternPennantpriceactionstructureWedge
jojofang0901
Also on:

Related publications

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.