M-Shaped Future for NASDAQ?
With the amount of money pumped into the market and the fast disappearance of investment opportunities elsewhere, it is hard to see the US stock market cool down.
Still, NASDAQ is entering into All-Time-High territory with 10000 psychological resistance ahead. Bearish divergence can be observed, too. Some kind of pull back is likely, though 8800 is possibly going to be a strong support.
Still, NASDAQ is entering into All-Time-High territory with 10000 psychological resistance ahead. Bearish divergence can be observed, too. Some kind of pull back is likely, though 8800 is possibly going to be a strong support.
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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.