ANALYSIS ON NASDAQ
Updated
We can see price around a minor support. If price breaks the yellow support zone, we will short nasdaq to the next support zone which is at 10700. but if price fails the break the minor yellow support zone, we will long nasdaq to the previous resistance zone which is at 11600. so let us all watch out.
Trade closed: target reached
Price failed to break the yellow support zone and reversed back to the resistance zone just as we predicted
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.