Another shorting opportunity on NASDAQ

17 thg 5, 2016

Here there seems to be another double top forming on the 4 hourly chart, also possibly on the daily. Negative divergence shows weakness in the second peak. If the double top confirms, if the price closes below the resistance, a short trade could be initiated, and look to follow it down again to 4300 area.

NOTE: Im new on this website, quite new to trading. Realy keen to hear others perspectives and analysis. If you like my ideas please like them and comment. Thanks very much!