We should expect NASDAQ to respect the market structure and push to the upside for the longest of time depending on the outcome of fundamentals.
After NASDAQ"s massive drop for the past days, it will look to cover the imbalance it created by reaching for the upside and possibly create another shoulder before it actually drops again.
Nasdaq pushing to the upside on NYSE OPEN. It completed a bullish channel and also respected an order block of M15 timeframe
NSYE OPEN Nasdaq will push to the upside having completed the bullish channel third touch and also respecting an order block.
Nasdaq will push to the high side of the channel to complete the bullish channel before it actually drops and fill the imbalance it created in the past week.