NASDAQ upside reversal consolidation

NASDAQ upside reversal consolidation

 

NASDAQ needs to confirm an upside reversal with a break above 11600. A break above this level would lead to an upside reversal continuation into the key 12500 channel resistance. The near-term uptrend support is 11200.

Note: look for the long trades with a stop loss below 11300

NASDAQ upside reversal

 

 

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