Hi Everyone.
We have had some very strong bearish movement on NASDAQ recently. Is this the end of the bears or just the beginning?
We are at a crucial point on nasdaq where if price breaks it will break a very strong bullish channel and we can expect prices to move down further we can see price coming to the next support at 14808, A further break can see price move to prices of 14100 zone.
However, If break fails to break and goes up, we can definitely see new highs. Lets wait and see how this plays.
Follow my ideas to see updates on the lower timeframes
We have had some very strong bearish movement on NASDAQ recently. Is this the end of the bears or just the beginning?
We are at a crucial point on nasdaq where if price breaks it will break a very strong bullish channel and we can expect prices to move down further we can see price coming to the next support at 14808, A further break can see price move to prices of 14100 zone.
However, If break fails to break and goes up, we can definitely see new highs. Lets wait and see how this plays.
Follow my ideas to see updates on the lower timeframes