NASDAQ analysis | 1D Time frame
• It looks like hopeful views will return to the market by the end of this week.
• Also, taking into account the data announced this week, if the Nasdaq index can not be stabilized above the 16370 region. It is likely to decline to targets of 16,000, 15,700 and even 15,350 in the medium term.
• With the support of buyers and volumetric support of the Nasdaq index, the price of the Nasdaq index can reach 17,000 by the end of 2021, crossing the 16700 region.
• Also, taking into account the data announced this week, if the Nasdaq index can not be stabilized above the 16370 region. It is likely to decline to targets of 16,000, 15,700 and even 15,350 in the medium term.
• With the support of buyers and volumetric support of the Nasdaq index, the price of the Nasdaq index can reach 17,000 by the end of 2021, crossing the 16700 region.
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