*A rising wedge type looking-pattern was formed on the most dangerous area,HOD zone/resistance...this shows us either there is likely a high potential for a spike up or a spike down,for us to confirm that we wait till the market rejects the area multiple times which will then form a structure telling us whether we going up or down.well in this case the Fundamentals went against Nasdaq and I see a high potential for Nasdaq to drop💧, strengthening its structure or forming a new one because no retest was ever made yet the induce keeps pushing up using fundamentals alone.*
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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.