Nasdaq Analysis

Hi Everyone.

Hope you all having a great weekend. Friday nasdaq came down to touch the lower channel before going back up closing at 14979. For this week, if we get price to break the high and centre channel then we can expect price to carry on going up. I done a drawing of what I can see happen on nasdaq in the weeks to come. By the end of this month of August we may see Nasdaq fall quite a bit, The fall everyone has been expecting. However for now price may continue to reach 15600 touching the top of the main bullish channel before dropping.

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