maariasb

NASDAQ Divergence

OANDA:NAS100USD   US Nas 100
NASDAQ (NAS100USD) has been under strong pressure recently. It may probably get even worse over the next days now that a trading war is around the corner, though it can still (doubtfully) be avoided. Notice the divergence started on January 29th with the RSI suggesting the downward could extend several weeks or more. I would trade carefully this movement as volatility (VIX) is unusually high and can reach higher levels should this financial uncertainty extend.
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