LondonTradingFloor

Nasdaq Monthly Analysis

OANDA:NAS100USD   US Nas 100
Hello,

Nasdaq is currently at the area of resistance at 12397 here it has attempted to break many times. If this area does get broken then we may see price push to monthly highs again. However with the current market i would prefer the thought of marketing pushing down again to reach monthly lows again and then break through this to reach the next monthly support at 11000 area.

keep checking as i will be posting alot more valuable information.
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