NDX - 200/500 Death Cross ๐๐
A very rare death cross - the 200/500 day is about to pass. NDX has only had 2 bearish crosses since 1991 and a BIG clue that this is a very serious crash unfolding.
Also its rare even for NDX to even be under the 500MA for any more than a dip. This is the first time since 2009.
Notice the 500MA perfectly captures the retracement top.
Its a great time for shorters.
Not advice.
Also its rare even for NDX to even be under the 500MA for any more than a dip. This is the first time since 2009.
Notice the 500MA perfectly captures the retracement top.
Its a great time for shorters.
Not advice.
์ฝ๋ฉํธ:
This is not a recommendation to short. It can be risky and there are plenty of pitfalls. Trading with defined risk can be preferable.
์ฝ๋ฉํธ:
Mid term bias now switching to bullish it looks like a decent bounce is on. Then there will most likely be great shorting opportunities again, but for now its long tech, long crypto.
Part 2 14/5 - Crypto Focus video now uploaded๐ผ.
The tide is turning and blind hodlers might be rekt down the road๐.
Deep analysis - I keep the juicy details for my clients.
Telegram Group: $50 per month ๐๐ป.
Contact: t.me/dRends35
The tide is turning and blind hodlers might be rekt down the road๐.
Deep analysis - I keep the juicy details for my clients.
Telegram Group: $50 per month ๐๐ป.
Contact: t.me/dRends35
