Nasdaq showed strength as we rotated into tech names. We are currently at resistance with a range of 13450- 13483 if we fail the range we can test our lower box i don't think we go lower if we do we have our levels set and ready to go. If we gain the range our first target is 13491 into all time highs. If we gain the high overnight we can possibly see 13672
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Price hit the top of the box it can still go deeper as we arent moving away from it with powerNote
as we hit the top of the box it showed weakness as we sold into it we found support at our lower level and pushed straight into our upper level now we see if we can gain it to hit our long target or if we reject to build above our support box
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sold off into the box now we need to build above it to push ATHNote
building nicely 13491 is the level to beat
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level is pretty important here as we keep swinging from it
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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.