My Nasdaq outlook for today, if you have questions please ask them and if you take this trade let me know the results! ------------------------------------------------------------------------------------------------------------------------------------------------- Nasdaq has been bouncing in a channel for the past weeks and it was/is consolidating. To me we have 3 possible scenario's: 1. Nasdaq will have a slight pullback to the lower border of the channel before going up to ~12000. 2. Nasdaq will go up to ~12000 if it break out of consolidation (today). 3. Nasdaq will break out of the lower border of the channel and will have a push downwards to ~10750. Look for clear confirmation and watch out for possible fake outs. ------------------------------------------------------------------------------------------------------------------------------------------------- Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices. As always use good risk management. This isn't a sprint , it's a marathon.