NAS outlook 3/27

Hi all,

Looking at the NASDAQ from the 1H time frame we see support that can be found at 18250-18200.

From there, I anticipate price to retest the upward trendline which will now act as a resistance line as price closed below this trendline.

I will look for setups on shorts around 18400-18350.

Next support level can be seen on the 1D time frame at 18100-18050.

Double Top or BottomSupport and ResistanceTrend Lines

Disclaimer