When you want to buy your favorite shoes, do you buy them when they go up in price or when they are on sale? The answer is pretty clear, huh?! If you ever thought about entering the NASDAQ on the long side or want to stock up your positions, then the right time will be between 12422 – 11575 points. Here, we have identified a trading zone, which we expect to function as a point of departure to tackle the threshold at 13901. However, the NASDAQ should not fall below 10942, in order to avoid a further decline.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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.