The NASDAQ Index is currently in a corrective wave, and for now, it may remain range-bound in terms of time.
🔹 The key support level in the long-term timeframe is 19,800. Once the correction phase is over, the index could resume its upward movement toward 23,300.
🔹 In the medium-term, the critical level to watch is 21,200.
📈 If the correction completes, the expected growth is approximately 20%.
🔹 The key support level in the long-term timeframe is 19,800. Once the correction phase is over, the index could resume its upward movement toward 23,300.
🔹 In the medium-term, the critical level to watch is 21,200.
📈 If the correction completes, the expected growth is approximately 20%.
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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.
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.