Nasdaq Analysis
The market is currently at a very key area 11059- 10955. For the bears to continue we really need a clear break here. We can see last week this area got tested but failed to break and pushed price back up. If we do get a break of this area I expect price to push further down to 10703.
However if this area keeps strong then price can bounce up from here pushing price to 11308.
Will keep you updated as the market forms.
The market is currently at a very key area 11059- 10955. For the bears to continue we really need a clear break here. We can see last week this area got tested but failed to break and pushed price back up. If we do get a break of this area I expect price to push further down to 10703.
However if this area keeps strong then price can bounce up from here pushing price to 11308.
Will keep you updated as the market forms.