Nasdaq (
NDQ) cannot resist bearish pressure:

Click chart above to see the detailed analysis👆🏻
Over the past three months, we saw such a harsh correction on the Nasdaq that a lot of people are freaking out entirely. However technicals already told us that something feels wrong and this is the result. If we see another -10% from here, buying the dip will most likely pay off.
Levels to watch: $16.000
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
Over the past three months, we saw such a harsh correction on the Nasdaq that a lot of people are freaking out entirely. However technicals already told us that something feels wrong and this is the result. If we see another -10% from here, buying the dip will most likely pay off.
Levels to watch: $16.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Nasdaq (Click chart above to see the detailed analysis👆🏻
Just a textbook break and retest and the Nasdaq already rejected about +15% after hitting the major horizontal support area. It is still totally possible that this is already the bottom and we might just head for new all time highs on all major indices now.
Levels to watch: $16.000
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
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.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
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.