The NASDAQ index is moving in an uptrend and is currently testing the 23,800 resistance level.
🔻 Bearish Scenario:
If the price manages to break below 23,750 and hold, it is likely to head towards the lower support level at 23,500.
🔺 Bullish Scenario:
If the price breaks above 23,850 and holds, this could support a continuation of the bullish move toward 24,000.
🔻 Bearish Scenario:
If the price manages to break below 23,750 and hold, it is likely to head towards the lower support level at 23,500.
🔺 Bullish Scenario:
If the price breaks above 23,850 and holds, this could support a continuation of the bullish move toward 24,000.
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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.
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.