We are now expecting the Nasdaq to trade higher than and directly surge past the resistance at 16768 points. The bullish behavior is a clear indicator that the course does not want to fall all the way down back to 15295 point. This, however, remains a viable option within the frame of the alternative scenario which receives a probability of 40%.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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.