Nasdaq is not good at going short, that moment it goes short/Bearish it is the hard time for long term investors as they don't know how long it will go short
well for retail traders and scalpers the Nasdaq market going down should be taken as a major advantage.
the longer it retrace the greater are the chances and the wider is the Take profit depending on the strategies.
The way I approach the market on a short market is to be cautious for a Breakout of a trend or the signs of a reversal. Nasdaq isn't traded well with indicators
pure price action is always the key
well for retail traders and scalpers the Nasdaq market going down should be taken as a major advantage.
the longer it retrace the greater are the chances and the wider is the Take profit depending on the strategies.
The way I approach the market on a short market is to be cautious for a Breakout of a trend or the signs of a reversal. Nasdaq isn't traded well with indicators
pure price action is always the key