We have a downtrend within a downtrend, the inception of bearish signals.
The NDX printed a shooting star candlestick yesterday as a rejection from EMA10.
The RSI has gone bearish and the QStick indicator as well.
The feeling is that it should be mild yet, we are seeing a strong crash ahead.
Maybe even a 10 percent drop in a matter of days.
Just hoping that we are wrong.
Namaste.
The NDX printed a shooting star candlestick yesterday as a rejection from EMA10.
The RSI has gone bearish and the QStick indicator as well.
The feeling is that it should be mild yet, we are seeing a strong crash ahead.
Maybe even a 10 percent drop in a matter of days.
Just hoping that we are wrong.
Namaste.
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