NASDAQ Bearish Divergence

The market bounced from 6000 level and RSI confirma price reversal. At the same time we can see a bearish divergence formed by the price and RSI. It gives us a short opportunity. Entry level can be below 5830 with The market bounced from 6000 level and RSI confirmed price reversal. At the same time we can see a bearish divergence formed by the price and RSI. It's a trend reversal signal. We have sell opportunity. Entry level for short trades can be below 5830 with stop orders above the resistance level. Profit targets are the uptrend line and 5570 support level. We'll have to watch closely for price action in the important zone formed by the uptrend line and 5720 support level. If the price breaks this zone, we'll see further downward movement to our 2nd target. But if the market bounces, it will be a signal to close short trades and be ready for buying. We should be careful with short trades becase they will be against the main trend in spite of a strong trend reversal signal.