NASDAQ is still supported by 11700
NASDAQ tested 11700 several times in the last couple of days without breaking below. This is now the most significant downside resistance/upside support and we could see another attack on 12400 in the coming days. Any confirmed break below this resistance could lead to a test of 11000, but so far the price action is fairly bullish.
Note: look for the long trades with a stop loss below 11700
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
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