We are waiting to short NAS100
Taking a short at suggested entry will give;
Triple Top confirmation
High RRR (over 6.25)
Other factors in play;
Growing US-Sino tension (Tiktok situation / South China Sea / Chinese Journalists being forced out of America with China threatening retaliation)
Coronavirus is out of control in US
Taking a short at suggested entry will give;
Triple Top confirmation
High RRR (over 6.25)
Other factors in play;
Growing US-Sino tension (Tiktok situation / South China Sea / Chinese Journalists being forced out of America with China threatening retaliation)
Coronavirus is out of control in US
Now, I still stand by my analysis, however in light of this and some lofty earnings etc. coming from tech stocks, im probably going to look to enter a little higher than the above chart indicates (perhaps 11100 area) - this will allow for better stop / RRR