NASDAQ - Repeat of December 2018?

FX:NAS100   NASDAQ 100 Index
We look to Sell a break of 8395

Last December investors were not treated to any sort of Santa rally. In fact the first trading day of the month last December was the start of a major sell off. Will history repeat itself? Is the Santa rally dead?

Trade Idea
The medium term bias remains bullish .
Price action continues to trade around the all-time highs.
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 8450.
A break of support at 8395 should lead to a more aggressive move lower towards 8310.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
Expect trading to remain mixed and volatile.

Stop: 8415
Target 1: 8310
Target 2: 8275
FREE Telegram Group -
FREE Crypto Telegram Group -
FREE Trade Ideas -
FREE Education and Insights -
spot on!
Signal_Centre kristianhammond15
@kristianhammond15, Thanks!

Our favourite type of trades ;-)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out