NASDAQ: Channel Down flashing Sell again.US 100CAPITALCOM:US100InvestingScopeNasdaq is overbought on 1H and is about to turn neutral on its 1D technical outlook (RSI = 43.123, MACD = -395.370, ADX = 55.948) which is gradually turning the sentiment into bearish again after a short-term rebound due to an oversold 1D RSI and the price hitting the Channel Down bottom. Next week the market will also most likely have completed a 1D Death Cross. Short-term TP = 22,700. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##