tradinghill_1

Nasdaq Weekly Analysis

Weekly trendline is quite strong where price were rejected multiple times.
2 Scenarios:
1) Price might retest at 12000 zone and then move upside and break key trendline. As weekly RSI is above 50, so highly possible change of price moving upward.
2) If price break below 12000 zone we might see downside 10600 support zone.

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