The Nasdaq index as a whole remains in a downtrend. Prices have a chance to test the support zone of $22879-$22749. If prices fail to break through $22749, a short-term rebound is possible.
Technically, if the price can remain above $22,643, we expect a short-term rebound is possible.
However, the Nasdaq index is still likely to face selling pressure, especially near the key resistance zone of $24,639-$24,838. If the price fails to break through $24,987, could present a high-probability opportunity for sellers to step back into the market, in line with the dominant downtrend.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
This content is not financial advice. Always conduct your own financial due diligence.
>>GooD Luck 😊
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Technically, if the price can remain above $22,643, we expect a short-term rebound is possible.
However, the Nasdaq index is still likely to face selling pressure, especially near the key resistance zone of $24,639-$24,838. If the price fails to break through $24,987, could present a high-probability opportunity for sellers to step back into the market, in line with the dominant downtrend.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
This content is not financial advice. Always conduct your own financial due diligence.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
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✅ Best Forex Broker ➡️ icmarkets.com/?camp=23031
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Partner Code: 8973915
✅Free Signals : t.me/joinchat/_JlEdCOnVyA4ZmZl
💌 Telegram: t.me/HENGFOREX95
✅ Receive automatic rebate ➡️ bit.ly/8973915
Partner Code: 8973915
✅Free Signals : t.me/joinchat/_JlEdCOnVyA4ZmZl
💌 Telegram: t.me/HENGFOREX95
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.