This is a follow up to previous analysis of what we’d expect to see if Nasdaq was topping this month.
The original post said we should expect to see this month higher in a topping formation but we have to see a wick on the top of the candle and the candle closing bearish. We’re now three weeks into the month and Nasdaq is strong up and at ATH at time of writing.
The short bet here is extremely speculative but it has hyper RR and small sizing would make a lot of money if we happened to form the topping pattern spoken of.
Let’s get into the possibilities for low risk and high reward bets.
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