NASDAQ On the Lower timeframes the trend the very bearish. We can see the price has broken out the channel and we have had a little retest. we are currently at a very strong resistance area of 13406. Previous 4hour candle broke but failed to close below this level. We will likely get another attempt where this level will get broken bring the price down to 13316-13200.
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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.