The Nasdaq has had a very momentus rise from the beginning of the week and now its making small corrections to grab positions before an upward impulse move.The is but a 30% chance it may drop so we may see a retest on the 15726.90 area as a its a minor support that has not been retested .but should price get momentum around the price its at now, we expect a push to the upside to 16152.47 which price failed to reach yesterday. Entering buys with small positons now with a tight sl as the higher timeframes still hasnt confirmed buy momentum. To be continued.
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