Nasdaq fails in 4h demand zone just above gap support and 150 SMA, overall trend direction most likely to be resumed. On weekly uptrend after breakout above 4600 hadn't failed in last couple of days, still long for longer-term trade. Trade the reaction of price - no predictions, just following.
Note
Breakout occurred, closing strong Friday. Overall uptrend continuation likely.
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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.