The NASDAQ index has shown strong bullish momentum recently and is currently trading near a key resistance level at 23,530.
đź”» Bearish Scenario:
If the price fails to break above 23,530 and selling pressure begins to appear, we may see a downside correction toward 23,350. A break below this level could extend the decline toward 23,000.
🔺 Bullish Scenario:
If the price successfully breaks and holds above 23,530, it could support a continued move upward toward 23,730 as the first target. With sustained momentum, we might see a further push toward 24,000.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
đź”» Bearish Scenario:
If the price fails to break above 23,530 and selling pressure begins to appear, we may see a downside correction toward 23,350. A break below this level could extend the decline toward 23,000.
🔺 Bullish Scenario:
If the price successfully breaks and holds above 23,530, it could support a continued move upward toward 23,730 as the first target. With sustained momentum, we might see a further push toward 24,000.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
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.
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.