NASDAQ In yesterday's update I pointed out that the correction would start prematurely here if the Nasdaq falls below 15517 points. The bulls bravely defended this level and took some breathing space, which means that I continue to assume that the price will rise above 15900 points. However, we have to watch out for the bears, as they still have the chance to push the price below the trigger level. If that does not happen, it goes towards 15941 points.
So as long as the Nasdaq stays above 15,517, it should climb in the 15900 region before correcting more sharply.
+ S&P chart update:
So as long as the Nasdaq stays above 15,517, it should climb in the 15900 region before correcting more sharply.
+ S&P chart update:
