Free fall soon?
تم تحديثه
Nasdaq broke the multi month ascending channel, and now seem to retest the zone where the channel broke in the first place, which is a good area for bears to enter the market with a good RR.
ملاحظة
Price has made a new high. How the market reacts at this level is critical. If bulls cannot sustain the price above the previous high, then the selloff could be dramatic. Let's watch.ملاحظة
Uh oh! Bearish engulfing... Look out! Sign of bulls weakness...ملاحظة
Clearly the bulls haven't stopped.ملاحظة
Probably should wait a bit and let the market dictate the overall direction. I'm still leaning towards the bears. ملاحظة
Bears have started to break important support levels. ملاحظة
Big support broken. ملاحظة
New month... maybe this is a sign of more buyers coming in... Patience is the name of the game on this one.ملاحظة
New wave up? ملاحظة
Guys, it's important to adapt to what the market is doing. I had already changed my bias and I posted it right here. The market does what it wants, just trade what you see and not what you want to see. I saw a new move up forming and I followed it.
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