AlgoVenture

Nasdaq: Weekly Forecast 19th September 2021

Short
4 months of a bull-run and we finally saw a 2nd consecutive bearish weekly candle.

As major central banks work towards tightening of monetary policies, a major correction in the stock market will follow and this could be it.

This week, we aim for nothing but sell, awaiting pullback to 15400 - 15450 area.

Our final target will be at 14600 for now.
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