Short position on NAS

7 בינו׳ 2020

Technically it can be seen as long term downtrend starting. Until the resistance is doing the job, Nas would fall down eventually. It is a strong probability that Nas starting its long-overdue correction, but could be wrong too. Stop-loss is set from 30 points from the entry, potentially big win if right. If tunnel movement formed in the price we could see big 200 points down movement Fundementally, lots of going on: tensions between USA and Iran, trade war, oil price hike. Previous Gold trade thankfully capitalized me strong.