Nasdaq 100 IndexShort
Nasdaq 100 Index | Technical Analysis For Babies
If there is one thing that is killing us right now is confusion. Confusion is killing our amiable ways to engage and communicate... I shall eradicate this confusion once and for all so that we can all be friends.
Confusion is not happening because of the complexity to read the charts, we all here chart-speak, confusion is happening because of a conflict between reality and what we would like to see.
People are confused because they want to see eternal growth and ignore the markets tendency to move in cycles.
Confusion is happening because when the market moves in our direction, everything is fine, but when the market gives signals to the contrary, we start to cry.
Let's make it as simple as possible so that no confusion can get in the way. You are to agree with what you see, if logic rules your brain.
You don't have to add emotions to it, you don't have to predict the future nor theorize about being right or wrong; this is TradingView, we chart-speak here, so let's us just read the chart.
1) A lower high is in place. Lower highs indicates lower prices. A lower high means lower, moving lower. The price action is down. It is happening, it is what it is.
2) High volume. As prices move down, selling is happening with force. The highest volume in years is coming in as traders sell their stocks.
3) Lower highs tend to lead to lower lows.
Namaste.
Confusion is not happening because of the complexity to read the charts, we all here chart-speak, confusion is happening because of a conflict between reality and what we would like to see.
People are confused because they want to see eternal growth and ignore the markets tendency to move in cycles.
Confusion is happening because when the market moves in our direction, everything is fine, but when the market gives signals to the contrary, we start to cry.
Let's make it as simple as possible so that no confusion can get in the way. You are to agree with what you see, if logic rules your brain.
You don't have to add emotions to it, you don't have to predict the future nor theorize about being right or wrong; this is TradingView, we chart-speak here, so let's us just read the chart.
1) A lower high is in place. Lower highs indicates lower prices. A lower high means lower, moving lower. The price action is down. It is happening, it is what it is.
2) High volume. As prices move down, selling is happening with force. The highest volume in years is coming in as traders sell their stocks.
3) Lower highs tend to lead to lower lows.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
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