Nasdaq re-short update - wait for moving average convergence

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Instead of waiting for the full retracement to the green line, I believe now that we will chop until the red and yellow moving averages converge (aligning our trade idea with the time til FOMC decision). I recommend not entering any trades until this convergence.

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تم إغلاق الصفقة يدويًا

Looks like our short case failed.

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تم فتح الصفقة

I may have jumped the gun with that last update... The candle breakout was false and our short play is still in tact.

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ملاحظة

Price is bouncing downwards... very possible we can revisit February lows.

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ملاحظة

Expect to chop until tmrw before further drop. Protect your profits with stops.