From yesterday we can see that Nasdaq daily candle made a bullish expansion and took out highs made on Friday but was unable to close outside Fridays OHLC levels. We can now anticipate that Lows made yesterday to be taken out. Currently price is trading at $17954.20 and $17930 (our 1st POI). Levels $18061.2 and 18005.5$ make up our second POI It is important for price to stabilizes below our POI, before we can anticipate bearish expansion of our daily candle.
Please like and comment on this analysis and share your opinion about the possible daily candle expansion!
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.
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.