don't buy
Bearish Signal for NQ as Price Breaks Support and MACD Confirms Downtrend
The trading signal indicates a sell position for the NQ instrument, as the price drops below a crucial support level, signaling a bearish trend. The MACD oscillator confirms this with a selling signal, reinforcing the downward momentum. Opening short positions is advised.
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AI Analysis
The current trading analysis highlights a notable shift in the NQ's price action. A decline below the key support level at 21,673.3 indicates increased selling pressure and the onset of a bearish tren...
AI Recommendation
Given the technical signals pointing towards a bearish trend, it is advisable to initiate short positions while setting protective stop-loss orders at the support level of 21,673.3 to protect against ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.