DBD Strategy Daily - NASDAQ 100 : over-confidence but no signal yet
Yesterday's move on US indices are not triggering any signals yet on short or medium-term horizons. The bearish gap that helped reintegrating the previous resistance is a bad omen, especially as confidence on the index is very high according to open interest put-call ratios. One may chose to act ahead of signals, on the basis of a good risk-reward, but if one cannot use stop-losses, trends have not yet changed.
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