At today’s market open, the NASDAQ index started to decline and is currently heading to test the key support level at 23,000.
🔻 Bearish Scenario:
If the price breaks below 23,000 and holds, it is likely to move lower towards the next support level at 22,700.
🔺 Bullish Scenario:
If the price rebounds and breaks above 23,260, holding above it may support further upside toward 23,350.
🔻 Bearish Scenario:
If the price breaks below 23,000 and holds, it is likely to move lower towards the next support level at 22,700.
🔺 Bullish Scenario:
If the price rebounds and breaks above 23,260, holding above it may support further upside toward 23,350.
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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.
Disclaimer
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.