On higher timeframe NASDAQ is in bearish bias, but currently it is possible that trendline of the downtrend (blue line) could be tested. Yesterday we had bullish macd cross and if we see RSI over 50 after today daily candle closing that could be good sign for bulls. On the other side we have support at 10688 (green line).
I am not looking for any trade right now. I will wait and see how the price will react when it will be approaching downtrend line or for some other entry points.
I am not looking for any trade right now. I will wait and see how the price will react when it will be approaching downtrend line or for some other entry points.
