Nasdaq: Momentum weakening for now

That level if hit will be pivotal. I'd look for longs first

This is the bigger picture:

And the even bigger picture

Comment: Price just hit the blue zone at 10350.. now we watch and wait for consolidation

Comment:

Comment: While the Nasdaq has been a buy thus far (short term basis), it remains in this range from Friday.

Comment: Nasdaq hit the top of my projected range overnight (CET). I expect resistance and support to be defined in these two levels below for the day ahead. Wednesday will bring a lot of volatility.

Comment: That spot ended up being a perfect buying opportunity.

A close above green brings new highs

Comment: Broke green..

What I see coming:

Comment: Consolidating in my arrow. I don't think the downside in this arrow will get much more than this before a continued up move

Comment: new highs

Comment: We've got about 2.5% to go higher before hitting the top of the range again. Keep an eye out if/when we do. I'll update