Timeframe: Daily
Method: Price Patterns (Proprietary)
Nasdaq is one of the weakest globa indexes since the beginning of the year. The Bearish pattern is clear but we have to stay focused on the possible next target area of this move becuase, on the long run, the Equity markets are Bullish.
Expected Move: Bearish move to 15170-14800 area
DISCLAIMER: All the information reported in this analysis are NOT TRADING SIGNALS or similar, just my point of view about the markets.
Method: Price Patterns (Proprietary)
Nasdaq is one of the weakest globa indexes since the beginning of the year. The Bearish pattern is clear but we have to stay focused on the possible next target area of this move becuase, on the long run, the Equity markets are Bullish.
Expected Move: Bearish move to 15170-14800 area
DISCLAIMER: All the information reported in this analysis are NOT TRADING SIGNALS or similar, just my point of view about the markets.
