Nasdaq is still consolidating and right now it looks like it will break down. If it does break down it will come to 13530-13392 before continuing back up. However if the market does break up we need a break of the trend line for the bulls to continue. For the bulls first target will be 13823-13929. A break of these areas will break through our trend line taking us to new highs.
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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.