Bearish Momentum Signals on $NAS100 #NASDAQ ,#NAS100 ???
تم تحديثه
Analysis:
Trade Outlook:
Given these signals, I am leaning towards a bearish outlook on NASDAQ. My anticipated target for retracement is the 15,500 level.
Risk Management:
As always, it's essential to manage risk effectively. Consider setting stop-loss orders to mitigate potential losses and monitor the market closely for any unexpected developments.
- Current Level:
NAS100 is currently at the same swing high level as of July 23. - Tight Range Since Nov 20, 2023: The index has been experiencing an unusually tight trading range since November 20, 2023.
- RSI Cooling Down: The Relative Strength Index (RSI) is showing signs of cooling down, suggesting a potential decline in buying momentum.
- Above Average Volume: Noteworthy trading volume in the last two days, indicating heightened market interest.
Trade Outlook:
Given these signals, I am leaning towards a bearish outlook on NASDAQ. My anticipated target for retracement is the 15,500 level.
Risk Management:
As always, it's essential to manage risk effectively. Consider setting stop-loss orders to mitigate potential losses and monitor the market closely for any unexpected developments.
أغلقت الصفقة: تم الوصول لوقف الخسارة
SL hit yeaterday
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.