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YavuzAkbay
Sep 16, 2023 3:34 PM

NASDAQ Correction Level 

NASDAQ 100 IndexNASDAQ

Description

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.
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