YavuzAkbay

NASDAQ Correction Level

YavuzAkbay Updated   
NASDAQ:NDX   Nasdaq 100 Index
We've been seeing NASDAQ index volume decline since mid-July. The rise slowed down and even came to a halt. Therefore, we expect a decline for NASDAQ in the coming period. This decline will reach the 200-day moving average of $14250. But the weekly close could be above $14550 in any case. At this level, purchases of US stocks can be considered.
Trade closed: target reached:
The fix hit the target. We will wait for a return from now on.
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.