NASDAQ Analysis HERE WE GO!!!
For the Nasdaq;
Our 12821 resistance level,
I think the price will make the wave movement between 12821 and 12609 (a,b,c,d,e)
If the 12820 level is not surpassed, we can follow the 12609 level as support at the bottom.
If it makes this 5 ripple move, the nasdaq could clear its E drop and head towards its targets.
Levels to follow in the fall
1. Target Level = 12470
2. Target Level = 12164
Before reaching Target 2. I would like to point out that 12400 support level is strong in between.
Our 12821 resistance level,
I think the price will make the wave movement between 12821 and 12609 (a,b,c,d,e)
If the 12820 level is not surpassed, we can follow the 12609 level as support at the bottom.
If it makes this 5 ripple move, the nasdaq could clear its E drop and head towards its targets.
Levels to follow in the fall
1. Target Level = 12470
2. Target Level = 12164
Before reaching Target 2. I would like to point out that 12400 support level is strong in between.
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