NASDAQ INDEX (US100): Your Trading Plan

٢٣ أغسطس ٢٠٢٣

https://www.tradingview.com/x/G197XHQ4/

US100 is currently testing a solid horizontal resistance.
The formation of a doji candle on that indicates a local equilibrium between
buying and selling volumes.

To sell the underlined structure with a confirmation,
monitor 4H time frame

The index formed a double top pattern there and consolidates.

Bearish breakout of 14880 neckline and a 4H candle close below that,
will be a strong bearish signal.

Goals will be 14760 / 14680.

Alternatively, a new higher high higher close on a 4H will invalidate the setup.

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