Nasdaq will have a deep pullback
Nasdaq is currently on a bullish trend however we will be noticing some bearish pullbacks where price will push down. Currently price is around 12812, if we do have a break of this structure price will push down 12544-12419. If we get a break of this area we can see a change of direction where price can push down further to area of 12167. However if it doesn't then its a great place for bulls to come in and push higher
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Disclaimer
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.