Nasdaq still under pressure

١١ ديسمبر ٢٠٢١

Nasdaq appears to still be under pressure in the short term. My wave count suggests Santa won't be coming to town this year.

١٣ ديسمبر ٢٠٢١

تم فتح الصفقة

Nasdaq closed below the slow MA opening the doors for a gap down island reversal tomorrow.

٢١ ديسمبر ٢٠٢١

تم فتح الصفقة

The gap down did infact occur only to be closed the following day. Yesterday the market gapped down again which it struggled to close, in fact is still shy 2 points of closing the gap, instead the market proceeded to do new lows before rebounding and closing where it started.