NASDAQ is reaching support again
NASDAQ is reaching 15000. This level is crucial for upside support and downside resistance. A clear confirmed break below this level would open a downside reversal and a break of the medium-term uptrend. This is also channel support, formed in September 2021. Bounce off this support would leave NASDAQ in one more swing up offering us a good risk to reward buying opportunity.
Note: look for the long trade entry with the stop loss below 15050
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