Nasdaq Short: Trendline resistance plus potential EW 2

By yuchaosng
This is just one possible EW count that I think is currently my preference where the recent upmove is a wave 2. The price move up hit the downwards sloping trendline and got reflected back. It is now a good risk-reward to short this and place the short slightly above wave 2 high (or above the trendline).
Elliott WaveTrend Lines

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