NASDAQ is still looking higher after FED

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

 

NASDAQ uptrend support

 

 

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