Unexpected week for NASDAQ despite corona virus pandemic and riot on Black Lives Matter which greatly affect the US economy (almost all instruments affected except NASDAQ), now I strongly believe NASDAQ is a new SAFE HAVEN!!
Hence, upside movement still prevails after unexpected breakout from the previous resistance.
Potential LONG entry as follows:
Price is on pull back 1 at 9743 which I think this retracement will go lower at the price of pull back 2 of 9392.2 before rallies back up again to the resistance level of 10194.1.
Hence, upside movement still prevails after unexpected breakout from the previous resistance.
Potential LONG entry as follows:
Price is on pull back 1 at 9743 which I think this retracement will go lower at the price of pull back 2 of 9392.2 before rallies back up again to the resistance level of 10194.1.
