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Nasdaq update: Big selling day
www.advisedtrader.com

Nasdaq update: Big selling day

1613 cst

Derek William Frazier
Sep 6, 2022
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Nasdaq update: Big selling day
www.advisedtrader.com
  • waiting for a weak 40 day trough to arrive, but it may not be evident with this selling

  • break above value area high of today is a long

  • below 11900 seems to be dangerous for longs

  • seems that it didnt move after -1000 NYSE ticks all day

  • largest volume in 7 months

  • suggests a move higher tomorrow morning

  • rallying to the value area high and failing to get above in the first 90 minutes will probably find sellers going into mid week.

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Nasdaq update: Big selling day
www.advisedtrader.com
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