equity_market_observation_featured

Equity Market Observation 12.10.22
Nasdaq Index

Nasdaq observation follow up broke our support level 11,000 and second target 10,500 came close to be tested, rebounded to around 10,930 level and as mentioned last time these rebounds is a good entry time for short positions, our main target is still around 9000, the continuation pattern in Momentum confirms the downside.

*Market Observations are NOT trading recommendations*

About SGT

SGT is a multi-asset trading and investment specialist; setting the standard since 2006.

Risk Disclaimer

CFDs, FX, Crypto and any other leveraged products are complex instruments and come with a high level of risk of losing money due to the leverage used in these products. You should consider whether you understand how any product you trade or invest in is suitable for you, and whether the risk involved in trading or investing into these products is acceptable.

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