- Yesterday's close signals a bearish top in the latest strong uptrend
- Stochastic & RSI are overbought
- A pullback or consolidation should develop over the next couple of days which will create price structure to trade off
- I would be hesitant to trade any longs (longer term timeframes) at the moment.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
NDX
- Stochastic & RSI are overbought
- A pullback or consolidation should develop over the next couple of days which will create price structure to trade off
- I would be hesitant to trade any longs (longer term timeframes) at the moment.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
NDX
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