Of course yesterday's big drop could be the start of a top in the Nasdaq - but now that is not confirmed
Price is still above its rising trendline and 50 DMA, which means the pullback is a correction - and iif the uptrend is to continue, a dip to be bought
Price is still above its rising trendline and 50 DMA, which means the pullback is a correction - and iif the uptrend is to continue, a dip to be bought
Note
Well - price is under both now !Let's see how we close - time to readjust
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Market Analyst for:
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Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.