NASDAQ Trading Idea

If today we have a bearish candle, it will be a good signal for possible correction. It will be a signal for opening new short trades based on hourly charts. Profit targets are the possible reversal zones MA20 and MA50. If price breaks MA20 and ADX starts falling, the market will drop to 4600 level. Probably after that we'll see price bouncing and a new impulse wave in the direction of the up trend. MACD and RSI will have to confirm price reversal.