NASDAQ bearish corrections probably not completed yet. As Nasdaq price may just completed its wave (a) (Red) of wave (a)(b)(c) (Red) of bearish correction which might toke around -30.22% “drawdown” ( from 16767.50 ⬇️ 11700 ) a fibo 0.50 and lower support line of up channel + demand zone. Possible another -21.36 “correction “ from 14860 ( Volume Profile POC + upper down channel resistance) toward 11700. So.. possible need to wait “patiently” for picking up technology stocks...
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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.