NASDAQ Futures (E-MINI) LongTerm Analysis
NASDAQ has broken the Daily EMA21 and played out the Bearish Divergence on the Weekly (Test of the EMA21)
No with this pullback we could say that if the Daily EMA21 breaks again, probably it'll test the 10800 Zone & if break EMA21 Weekly again in the coming weeks.
But until that Nasdaq is bullish and maintaining the weekly uptrend.
It could make a change of behavior by making first Weekly Lower High but it isn't present now.
No with this pullback we could say that if the Daily EMA21 breaks again, probably it'll test the 10800 Zone & if break EMA21 Weekly again in the coming weeks.
But until that Nasdaq is bullish and maintaining the weekly uptrend.
It could make a change of behavior by making first Weekly Lower High but it isn't present now.
Without Risk and Position Management, You WILL Lose Money.
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.