Nasdaq (NDx) has been trapping retail investor for multiple time in the past.
Case01:
In Nov'21 the benchmark index holding 15530 key level of support and with 3rd time, it marked a low at 15162 and retail investor thought "THIS IS A BEAR TRAP" and our stoplosses got it and market is going up. "LET'S LONG" and we saw market going down by 18%
Case02:
In Mar'22 the benchmark index holding 13000 as key level of support and with 3rd time; it marked a low at 12750 nd retail investor thought "THIS IS A BEAR TRAP" and our stoplosses got it and market is going up. "LET'S LONG" and we saw market going down by 18%
Case03:
In Jun'22 the benchmark index holding 11100 key level as a support and just recently on 30th Sept it falls below it and made a low at 10871. The retail investors is again long in the index thinking this was 'Bear Trap' or 'Under Cut Low' but smart money know how to moves.
We are expecting the index will be down by 18% when first red candle is made.
Let us know what do you think of the idea.
Case01:
In Nov'21 the benchmark index holding 15530 key level of support and with 3rd time, it marked a low at 15162 and retail investor thought "THIS IS A BEAR TRAP" and our stoplosses got it and market is going up. "LET'S LONG" and we saw market going down by 18%
Case02:
In Mar'22 the benchmark index holding 13000 as key level of support and with 3rd time; it marked a low at 12750 nd retail investor thought "THIS IS A BEAR TRAP" and our stoplosses got it and market is going up. "LET'S LONG" and we saw market going down by 18%
Case03:
In Jun'22 the benchmark index holding 11100 key level as a support and just recently on 30th Sept it falls below it and made a low at 10871. The retail investors is again long in the index thinking this was 'Bear Trap' or 'Under Cut Low' but smart money know how to moves.
We are expecting the index will be down by 18% when first red candle is made.
Let us know what do you think of the idea.
