NDX: retracement expected from beginning of next week
A new weekly upward cycle is about to start as the previous one has almost finished its time. From Monday we have 10/11 chances to see a retracement.
We will gauge the strength of the downtrend to understand if algos want to close even a t+2 (28 days by now out of 44).
In that case we expect AT LEAST 3 days (e.g. red candles) of downtrend.
We will gauge the strength of the downtrend to understand if algos want to close even a t+2 (28 days by now out of 44).
In that case we expect AT LEAST 3 days (e.g. red candles) of downtrend.
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