Will NASDAQ continues its bullish way?
After rebounding from 6449.50 on 20-Nov, NASDAQ developed a bullish trend line. However, the daily chart is telling us a bearish elliott wave.
Trading plan:
Short at 7012 (order limit) after 17.30(GMT+8), timing is crucial to let the market converge before trend develop.
CL 7027
First profit target: 6965
Second profit target: 6885
Trading plan:
Short at 7012 (order limit) after 17.30(GMT+8), timing is crucial to let the market converge before trend develop.
CL 7027
First profit target: 6965
Second profit target: 6885
Note
Initial trading plan still goes on, queue short at 7012Note
CL at 7027 hit, 15 points loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.