NASDAQ was rejected from the falling channel top
NASDAQ is rejected from the falling channel top 11700. This rejection leaves the instrument in a swing range between 11000 and 11700. A break below 11000 could open the retest of the October 2022 low. We need to see a break above 11700 for the extension higher and a channel break.
Note: look for the short trades with a stop loss above 11700, if you are being stopped reverse to long
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
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