NASDAQ is expecting a bullish rally until Presidential pollNASDAQ
After the massive rally by the market hopes and optimism about the healthy markets.
During the starting of this month NASDAQ bleed massively as the sell of happens quickly.As its takes only 19 days to reach the current lower level which is 10660.00 But its take around two month to reach the points as felled in recent day
We can expect rebound from the 11035 support level. As President TRUMP is infected with COVID-19 minor lower correction are expected towards the 11035 level. If the health condition of the President improves the market will get boost from the positive news.The election developments may negatively impact the NASDAQ.
I am expecting NASDAQ will reach the 12600 at the end of next month.
Give a like if you found useful and share with your friends and trading community.And tell about your opinion in the comment section below
Us100long
us100Hello traders, here is the analysis from our team :
NASDAQ.
buy : 11195
TP 1 : 11198
TP 2 :11200
TP 3 11208
SL : 11183
money management : 11198. this is part two of our spread trade.
StevesTradingView 😉
Let us know in the comment section below if you have any questions.😉
Simple nasdaq long trade. this is a price action based nasdaq long trade i am considering on taking provided that the rejection is clear and we see a strong retest on that low.
