AgoristTrader

Nasdaq RSI divergence

Short
AgoristTrader Updated   
NASDAQ:NDX   Nasdaq 100 Index
A common indicator of reversion, the RSI the divergence between price and RSI.
Another indication of reversion is the shooting star doji after a strong upwards movement.

Take extra care, always use stops.
Comment:
Reversal confirmed after 2 strong bearish candles.
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.