Due to the strengthening of Dollar in the market recently, we are keeping an eye on Nasdaq as it approaches resistance level (15286.38). we anticipate that given the trent as it is, if it breaks this level, we are having bullish trent here in H1 time frame.
on the other hand,if the market is going to break this support area15142.48, we shall consider
bearish. but if we apply discipline & patience,we are going to have a big sell given the market will confirm at point 15512.16
on the other hand,if the market is going to break this support area15142.48, we shall consider
bearish. but if we apply discipline & patience,we are going to have a big sell given the market will confirm at point 15512.16
Comment:
we are on a bearish trent. We should maintain high discipline and patience.