Nasdaq Futures, 6 days of Going Nowhere
We’ve had over a week of bouncing around in a wide range. Bulls tried to run before market open on Thursday but that open at the 20-day sma was sold immediately. Will we break the range next week?
Descending triangle has formed on hourly. Will be watching this for a break in either direction. If it chooses down, there isn’t any real support until the recent lows.
Descending triangle has formed on hourly. Will be watching this for a break in either direction. If it chooses down, there isn’t any real support until the recent lows.
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