Nasdaq Analysis
HI Everyone,
After a very bullish last week, we may see some pullback this week before the price continues in the bullish trend. On the daily the market is still bullish any sells will be short term as the overall market is bullish. Currently the market is in a key area of resistance 14362 where im expecting price to reject and come back to 13977 area or 13637 area which would be the retest of daily falling channel break. After coming to these areas price will continue to go back in the direction of the bulls and reach areas of 14764-15211.
After a very bullish last week, we may see some pullback this week before the price continues in the bullish trend. On the daily the market is still bullish any sells will be short term as the overall market is bullish. Currently the market is in a key area of resistance 14362 where im expecting price to reject and come back to 13977 area or 13637 area which would be the retest of daily falling channel break. After coming to these areas price will continue to go back in the direction of the bulls and reach areas of 14764-15211.
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.