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RAPID UPDATE Nasdaq (NAS100) TP @: 14426.00 (opt.) SL | Focal Community Group (FXSignals)

RAPID UPDATE
Nasdaq (NAS100)
TP @: 14426.00 (opt.)
SL @: 14561.00


The market (or rather market participants) is bleeding very badly and has stepped into the trap again. Dip buying led to FOMO (fear-of-missing-out) and then to a hard correction which ended in massive losses for traders. We actually could have traded it even better as we predicted this movement exactly as it happened. However, our Nasdaq 100 - re-entry was perfect. The strong sell-off unfortunately also affects GM currently - we wait the selling for now to re-enter.