NASDAQ: 2 week ceasefire, a sell opportunity in disguise.US 100CAPITALCOM:US100InvestingScopeNasdaq turned marginally bullish on its 1D technical outlook (RSI = 57.510, MACD = -153.320, ADX = 42.118) as President Trump announced he will suspend planned military strikes again Iran for 2 weeks. This has made the index rally to its 1D MA100 that has been intact since February 26th. It also breached above the 1D MA50 and touched the top of the Channel Down. The closing of the 1D candle is now of the highest importance. As long as it is under the 1D MA100, the bearish trend continues, supported also by an emerging 1D Death Cross. TP1 = 22,800 (S1 level), TP2 = 22,000 (Fib 1.382). The 1D RSI is also on a level where it has been extensively rejected in the past 4 months. Keep in mind also that the 1D MA100 is a standard technical Resistance in Bear Cycles. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##