NASDAQ Bearish, What's Next? Is 18.5k feasible?Price respected Weekly's bearish imbalance to continue lower. Still price is within the weekly's context area to which is suitable to look for entries in lower timeframes targeting weekly's swing low (POI).
Once, the Weekly POI get's tagged we might look to continue to the next POI (Point of Interest). Likely, the daily swing lows.
What's Next?
Potential target price is 18,537.88.