nasdaq , ustech. us100. swing ANALYSIS. supply and demand + PA
for the past few weeks NASDAQ has been rallying to the upside , this week it set a new record high @ 15790.1 , after price dropped a few points showing that bearish momentum is coming into play as price also closed below daily prev high @ 15706.5 . I am expecting price to push more to the downside to retest daily demand CP @ 15424.5 and consolidate a bit before continuing its push further below to daily demand level @ 14945.4 which is nested in a liquidity pool ranging from @ 15007.0 to @ 14902.7 .
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