US 100 Index
Short
Updated

Nasdaq - This Is Still Not The End Yet!

2 671
Nasdaq (NDQ) cannot resist bearish pressure:

snapshot

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 (NDQ):

snapshot

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)

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.