kebatilealvin

NASDAQ 100 trade idea

Short
OANDA:NAS100USD   US Nas 100
As Covid 19 panic persists and with the US now becoming the epidermic centre, I'm strongly expecting the NAS to continue plunging to the 7000 zone. If however the rally from last week pushes on, this would likely be a pullback to retouch the rising trendline on the daily chart @ 8250 then fall. Be on the lookout for selling opportunities both around current price and after the retest in case of a pullback.
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.