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Nasdaqlong

Sitaution NASDAQ end of 5.3.2019 Still long difficult forecastAt end of today we have these situation: One the one hand Nasdaq is trading in a new long channel (here support in blue line and resistance in red line) BUT as you can see i have taken in the new resistance at 7170 which comes form the high of 25.2.2019 and at the end of today trading the last hour has exact set up to that level and comes back from that now. 2 hours ago Nasday has broken that resistance but failed to hold it and at the moment its not clear whether that ha sbeen a true break for tomorrow or a false break. But under the line its a long setup at the moment.
CME_MINI:NQ1!Long
by Renkotrade
22
112233445566778899101011111212
…999999

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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