Nasdaq Composite Index
Short

NASDAQ going down for 3% and up to 16000

104
IXIC

We expect a correction to one of the Fibonacci levels: 0.5 (14910), 0.618 (14794) and there will be 55 EMA. It is important that the RSI unloads below the previous low. Then convergence is formed for further growth to 16,000.

Maybe they will lower the price a little lower, but I think they will not be able to break through the level. If we move according to a different scenario, I will tell you.

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