NAS100 Top of Structure
NAS100 made strong movement today with a lot of volatility due to news.
Price sits currently at the top of the structure and the third touch of the outer trendline was made.
We have a nice clear 1H sell signal with RSI divergence across last three highs.
This may not be the final top before the inevitable fall comes, but a quick trade with some nice potential. Worst case may be -1%, but BE the worst it most often gets.
Trade with care and respect the volatility of the market. We have a lot of strong market movers at the moment.
Price sits currently at the top of the structure and the third touch of the outer trendline was made.
We have a nice clear 1H sell signal with RSI divergence across last three highs.
This may not be the final top before the inevitable fall comes, but a quick trade with some nice potential. Worst case may be -1%, but BE the worst it most often gets.
Trade with care and respect the volatility of the market. We have a lot of strong market movers at the moment.
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