We expect a LONG on Nasdaq @ 12550 area heading towards 12900 - 13000 region.
*Break of 1hr uptrend, closure above Fridays low, no drastic selling pressure just pullbacks, good bullish structure and momentum.
*Price holds above 12650 then 12900 will be an easy reach!
FEDS ARE ON WEDNESDAY, SO BE SAFE AND MANAGE YOUR RISK!
ONCE TARGET IS REACHED THEN ONLY CAN WE DETERMINE EITHER A CONTINUATION OR REVERSAL.