Nasdaq a short term bounce?
As we can see that there is a bottom divergence pattern happening in the daily chart. Once MACD and KD 'gold cross' in the following days, a short term up is anticipated. But for now, waiting for the gold cross is a smart strategy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.