NASDAQ is for SELL!
The Nasdaq was in an uptrend, then it entered the indecision zone "trading range". The resistance 15875.20 seems difficult to cross by the market.
The break of the support 15715.75 combined with a large significant volume compared to the previous ones indicate that the Nasdaq is trying to accelerate the sale.
Thus it will be recommended to sell below the white moving average.
The break of the support 15715.75 combined with a large significant volume compared to the previous ones indicate that the Nasdaq is trying to accelerate the sale.
Thus it will be recommended to sell below the white moving average.
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