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BullBearBlair

Nasdaq 100 - Sell (Double Top, H&S Pattern, 0.618 Fib Extension)

Short
Nasdaq 100 Index (NASDAQ_DLY:NDX)  
BullBearBlair  
NASDAQ_DLY:NDX   Nasdaq 100 Index
Trend Analysis Chart Patterns Technical Indicators nasdaq NASDAQ 100 CFD nasdaq100 NASDAQ 100 CFD nasdaqshort nasdaqidea nasdaqanalysis
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trendanalysis chartpattern indicator nasdaq nas100 nasdaq100 ndx nasdaqshort nasdaqidea nasdaqanalysis
- Double top formation forming on the Daily/Weekly chart
- Head & Shoulders Pattern potential to form (2nd top in double top is the head of H&S patter)
- Price has reached Fibo 0.618 extension, potential area for reversal
- Mean reversion back to the long term trend line (excluding the inflationary impact of money
printing)
- News celebrating all time high, contrarian approach to avoid masses excitement/hysteria.
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