NASDAQ Scenarios
NASDAQ is rapidly approaching a resistance zone, presenting an opportunity to open a position. A break and retest of the resistance zone presents a good opportunity to go long, while a rejection at the resistance zone could see NASDAQ falling further down to, at minimum, the supportive trendline. Wait for the market to move and give a valid entry, do not enter based on predictions!
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Best of luck traders!
Be sure to follow me for more ideas and analyses.
Best of luck traders!
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