NASDAQ is testing the key support/resistance
NASDAQ is still holding 10.800. We have a little bounce at the beginning of the year from the key support, downside resistance 10800. A break below this resistance could lead to a downside break and an extension lower within the long-term downside channel. Hold here and a break above 11300 is required for the upside reversal.
Note: look for the long trades with a stop loss below 10800 if stopped reverse to short
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
TRADE FOREX, INDICES AND COMMODITIES WITH FUNDED TRADER ACCOUNT! 30% OFF!
Take a break from your trading routine Copy our trades!
