Technical Analysis and Outlook
As shown on Nov 21 chart analysis, NASDAQ's inner Index Dip 6273 was completed as of Dec 20 trading session, while current Index Dip lays at 5917. There is three additional Index Dip outcome for mid-long term perspective.
Currently, we have one strategic Key Res registered at 6485 and no significant support levels other than Index Dips outcomes - that however, will change as index price action will develop gradually. See 'Indices Market' tab for full Market Commentary.
As shown on Nov 21 chart analysis, NASDAQ's inner Index Dip 6273 was completed as of Dec 20 trading session, while current Index Dip lays at 5917. There is three additional Index Dip outcome for mid-long term perspective.
Currently, we have one strategic Key Res registered at 6485 and no significant support levels other than Index Dips outcomes - that however, will change as index price action will develop gradually. See 'Indices Market' tab for full Market Commentary.