NASDAQ SELLING OPPORTUNITY ANALYSIS
Nasdaq is approaching a key resistance zone while forming a rising wedge, a well-known reversal pattern. At the top of this wedge, right at resistance, the market printed a bearish Morning Star pattern—another strong signal for a potential sell-off.
Shortly after, Nasdaq broke out of the rising wedge, triggering my strategy. A breakout like this presents an ideal selling opportunity, with stop losses placed just above the resistance for a controlled risk setup.
I have three solid technical confirmations supporting this trade:
1. Rising wedge pattern at resistance – a bearish reversal setup.
2. Bearish Morning Star at the top – signaling selling pressure.
3. Breakout from the wedge – confirming downside momentum.
On top of these technical signals, fundamentals also align with this bearish bias. According to CNBC, the Dow closed 400 points lower as inflation and tariff fears triggered a sell-off. This further strengthens my confidence that Nasdaq will continue to drop today.
With both technical and fundamental confirmations in place, I’m holding my short positions with high conviction. Let’s see how the market plays out!
Shortly after, Nasdaq broke out of the rising wedge, triggering my strategy. A breakout like this presents an ideal selling opportunity, with stop losses placed just above the resistance for a controlled risk setup.
I have three solid technical confirmations supporting this trade:
1. Rising wedge pattern at resistance – a bearish reversal setup.
2. Bearish Morning Star at the top – signaling selling pressure.
3. Breakout from the wedge – confirming downside momentum.
On top of these technical signals, fundamentals also align with this bearish bias. According to CNBC, the Dow closed 400 points lower as inflation and tariff fears triggered a sell-off. This further strengthens my confidence that Nasdaq will continue to drop today.
With both technical and fundamental confirmations in place, I’m holding my short positions with high conviction. Let’s see how the market plays out!
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.
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.