Over these past four months, I feel like the Nasdaq has really been spoiling us: Using this trend line, we’ve been able to basically win every single trading opportunity that came our way.
And that’s usually how things work when the Nasdaq is on an upward trend like the one I’m seeing on my charts. You’ll usually win every trade — except for the last one…
That’s when the structure begins to break and the trajectory of the market changes.
And as you’ve already seen this week, the Nasdaq is experiencing some slight pullback
What we have to ask ourselves now is if the support will continue to hold or if the Nasdaq will come spiraling down and crash.
Well, my charts are showing me that the Nasdaq’s next trading opportunity has a potential gain of nearly $10,000… but will we be able to profit before everything comes crashing down?