NASDAQ is trading high in which i see a possibility of an exhaustion of the bullish momentum and shift to bearish structure
In this case it has shown weakness in reaching for the previous weekly High
After opening with a gap towards the higs and still not breaking it
possibility of a Lower High forming
and the possible target area for this structure is the previous Higher Low @ 203330.00
SL @ 20550.00
In this case it has shown weakness in reaching for the previous weekly High
After opening with a gap towards the higs and still not breaking it
possibility of a Lower High forming
and the possible target area for this structure is the previous Higher Low @ 203330.00
SL @ 20550.00
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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.