Hi Everyone,
Here is my thesis on the Nasdaq. I prefer this move to be in the category of a bear market rally and see max upside up till 14000. Here is a 4 factor high probability sell short..
1) Converging downsloping trend lines
2) Major resistance (horizontal)
3) Possible upside up till 14000 points
4) Higher high double top since august high.
This is not financial advise ..
Here is my thesis on the Nasdaq. I prefer this move to be in the category of a bear market rally and see max upside up till 14000. Here is a 4 factor high probability sell short..
1) Converging downsloping trend lines
2) Major resistance (horizontal)
3) Possible upside up till 14000 points
4) Higher high double top since august high.
This is not financial advise ..