LondonTradingFloor

Nasdaq still bullish??

What a day today. Everyone though this market is sinking but the day ended with a big rejection candle. Will this be the end of the bears before they even started?

It will be interesting to see what will happen now. I expect to see some strong bullish movements now pushing prices back up to the resistance area and then breaking to create new highs.

First bullish target will be 16400 however if price does end up breaking the support area then we may see price come to 15700 area.

Lets see what happens.. What are you thoughts
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