NDX nicely hit our sell limit and sold off to support level for a good 120 points before the rebound. Overall NDX continued to be weak but DJIA is holding up SPX. Which direction next?
Yesterday's candle point to a POSSIBLE short term low. If so, then we should see further upside. But IMO if that is so, DJIA will be a better long. Also, still need confirmation if price is to break higher so for now, NDX is still a possible sell with confirmation
Looking at a sell coming from 15529/75.
Yesterday's candle point to a POSSIBLE short term low. If so, then we should see further upside. But IMO if that is so, DJIA will be a better long. Also, still need confirmation if price is to break higher so for now, NDX is still a possible sell with confirmation
Looking at a sell coming from 15529/75.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.