I'm no professional trader, so please don't quote me on this. But I've been doing this for 5 years now, and one thing that i notice time and time again is how just before a big push up there's always a low created first. Almost like the draw of a bow and arrow. So with that theory as well as my strategy applied, this is what i think Nasdaq is preparing to do.
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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.