Nasdaq tanks lower exactly like forecasted down.
We have build up a fine short channel now where Nasdaq should go now to lower levels.
All older support levels ar around 7050 to 7080 has become now resistance levels.
I have marked these lines in orange now for more easy to see.
Remember:
Blue = Support
Orange = Resistance
Only break of one of the resisance lines shold pay attention for a stopp.
The short trend channel has a upper line at around 7080 at END OF TODAY.
So all trading in that range is still short in the trend channel.
So again:
Only trading at 7090 or above = break of the channel is a sign to stpp short positions.
Best trades for all.
We have build up a fine short channel now where Nasdaq should go now to lower levels.
All older support levels ar around 7050 to 7080 has become now resistance levels.
I have marked these lines in orange now for more easy to see.
Remember:
Blue = Support
Orange = Resistance
Only break of one of the resisance lines shold pay attention for a stopp.
The short trend channel has a upper line at around 7080 at END OF TODAY.
So all trading in that range is still short in the trend channel.
So again:
Only trading at 7090 or above = break of the channel is a sign to stpp short positions.
Best trades for all.
