Nasdaq Analysis
Nasdaq is consolidating at price all time high. Price is expected to go higher. We can see its in a strong bullish trend where price has been bouncing off and making new highs. In respect to this trend, price will carry on consolidating until it breaks to the upside to reach 14900. However if price does decide to break down then we may see price come down to 14520 before continuing back up. IF price does break 14520, Then we can see some sell offs as this strong bullish trend will be broken.
Bulls: 14900-15000
Bears: 14520.... if broken 14336 and further
Bulls: 14900-15000
Bears: 14520.... if broken 14336 and further
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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.