Nasdaq scenario within a channel

2 thg 8, 2022

4h div rsi
entering a corrective eliot wave
we hitted the top of the channel
horizantal resistance

5 thg 8, 2022

Ghi chú

The job report has come out and it says that 500K job has been added, the estimation was at 250K, therefore the fed will probably keep rising interest rates since the employment is doing just fine ! a short position would be a smart move to do since :
We have hitted Daily 200 EMA for the first time since last year
We have an horizantal resistance line
We have a bearish RSI daily
The first TP is at 12,5.

Trade wisely !