NASDAQ - Shorting a few days after Soros
The daily indicators are showing we are done with this rally. At least the daily cycle is topping.
The MACD is turning down , the RSI is leaving the overbought territory.
SlowStoch is turning down also.
The hourly chart is printing a pullback and I will enter with shorts from 5326-5340.
Don't get scared if the dip buyers are turning back up the price. We might be ending the day with a hammer. That would be a reversal candlestick pattern on the daily chart.
NEW SHORT ENTRY
The MACD is turning down , the RSI is leaving the overbought territory.
SlowStoch is turning down also.
The hourly chart is printing a pullback and I will enter with shorts from 5326-5340.
Don't get scared if the dip buyers are turning back up the price. We might be ending the day with a hammer. That would be a reversal candlestick pattern on the daily chart.
NEW SHORT ENTRY
And we entered at better price than Soros .