We’ve seen NASDAQ take a big drop, RSI at 30 on 4H chart. Expecting upward momentum coming up to resistance trend line and potentially continuing. Last weekly candlestick closed as a shooting star and we’ve seen price reject off 20WEMA, SL set for below key area of support. Ultimately still in long trend.
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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.