$NASDAQ 3/2
The NASDAQ index has entered a buy zone, indicating a potential bullish reversal in the near term. Despite an uptick in selling pressure, buyers have demonstrated persistence in their bids at similar levels. This key zone between 11860 and 12000 holds promise for a bullish momentum, running into the Fed's taper talks. However, a breach of the level at 11978 could trigger a downward shift towards the purple pivot level at 11410, signifying increased pressure from sellers.
Key Technicals Levels
Support at: 11895
Resistance at: 12189
Key Technicals Levels
Support at: 11895
Resistance at: 12189
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