We opened an early sell following the bullish retracement yesterday and are holding to complete our trend hike AB=CD. NFP gave us a clear confirmation that the US economic crash is very near. This is the second negative reading in a row and it appears that tapering is going as scheduled. We look to short NAS100 until we reach the support of our channel.
We have a symmetric triangle that we broke out of in favor of our bearish outlook (Please follow the arrow).
Share your thoughts.
We have a symmetric triangle that we broke out of in favor of our bearish outlook (Please follow the arrow).
Share your thoughts.
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