Nasdaq has taken out the low of the consolidation forcing price bullish. Next stop is to take out the highs at 9515.4. I will be taking some profit here and leaving more positions on as we might see 9728.1 reached to take out the next highs.
Price has reached 9357.9. It is either going to create some market structure at this level, in order to induce more buying or it could go up to 9409.8 to take stop losses before making its way down to the end of the channel. Pay attention at NY open for some stop hunts
There is some liquidity sitting at 1.98887 that I believe needs to be cleared. Right now people are still sell bias. I think they are going to drop it to take out this zone before we see a rise next week
Nasdaq has taken out the stop losses at 9276.5 and is now turning around, waiting for a pullback onto double bottom. First target is 9327.9, followed by some market structure, before continuing it's decent down the channel