NASDAQ is testing the upside support
NASDAQ is testing the upside 13500-13600 support zone. To continue upside we need to see a confirmed bounce off this zone as it is also the wedge uptrend line. A break below 13000 is needed for the upside invalidation and short-term sell opportunity. As long as the NASDAQ is above 13000 the uptrend is intact.
Note – We are inclined to long trade entries with the stop loss below 13400
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