Corrupt_Economy

Cup and Handle

Long
Corrupt_Economy Updated   
NASDAQ_DLY:NDX   Nasdaq 100 Index
Potential Cup and Handle Formation.
Cup has formed. Currently in handle with more downside potential to 200EMA.
Once we bounce off the 200EMA and then see what happens if we break out of the handle.
Comment:
Currently testing resistance line looking for a breakout.

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.