H1 - Bearish divergence
Most recent uptrend line breakout
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Nasdaq made double bottom which is very good pattern and we can see Nasdaq move bullish according to double bottom pattern.
Now Nasdaq trading on support level of 11760. Now we need to trade as per analysis. You will see clear rejection from support or may be it will not break 💔.
Nasdaq looking bullish I can see Nasdaq will give us very good move. So trade with...