NO SHORTING NDX UNLESS SOME FORM OF INCLINING WEDGE/CHANNEL IS BROKEN
Rudy & Rooster
· Rooster Global Portfolio Mastery Club
· June 08, 2026 at 13:10
| Read on Substack ↗
Summary
The article's title warns against shorting the Nasdaq 100 (NDX) unless a technical pattern—an inclining wedge or channel—is broken, implying that the current uptrend remains intact and bears should wait for a confirmed breakdown before initiating shorts.
•The sole actionable guidance is a conditional rule: do not short NDX until an inclining wedge or channel is broken.
•No specific securities, positions, or recommendations are disclosed beyond the index-level technical condition.