NASDAQ (Daily) – Bears are fine while below 6370/4000

Mr Hawk/ January 4, 2019/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

We made a correct call about the shorts at the top of the channel (available here). The Bears are still happy below the 6370/6400 zone on daily basis and retest of the latest low is possible as well.

The daily close below may expose the 5000 or even 4600 mark but we are not going to be surprised to sees an aggressive rally above 6400 which may expose the top of the channel again eventually.

Should you have any questions feel free to contact us anytime.
Good luck Champs!
Mr Hawk

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past, current and future economic and financial markets environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material are not and cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016-2019. Contact: landoftradingATgmailDOTcom

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