There is little that we can say about the Nasdaq, other than it is developing quite well. The index was able to distance itself from the support line at 12609 points. If it manages to stay away from this line, we do not see any reasons for concern. Primarily, we expect that the index will continue its bullish run and reach a zone between 14357 and 14538 points, before corrective movements set in.
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🚀 Spot trends early with momentum, sentiment & price structure
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Related publications
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.