The_Unwind

NDX 100 Potential Bearish "Island" Double Top Reversal !

שורט
TVC:NDQ   US 100 Index
The Nasdaq 100 is near the cusp of a potential
"Island " Bearish Double Top Reversal,
one of the most bearish technical patterns out there.

A sudden unexpected breakdown in the pattern,
at anytime would cause price to cascade literally straight down like domino's in a waterfall type decline.

Opportunistic traders who seize this "gift" opportunity to short the Nasdaq 100 right now
utilizing say SQQQ and/or TECS could be significantly rewarded beyond measure should this Reversal occur from here
as brokerage customers panic, placed on hold for an hour, trying to reach a human being on the other end of the phone.

Special thanks to Mark Rivest/Tradingview.com for his inspiration.

THE_UNWIND
10/20/19
NEW YORK
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.