From the previous analysis, nasdaq has done as expected, failed to break the strong resistance area and pushed price back down. Price has currently broke through 12205 area of support, we will see how price reacts here and if it can close below. There is high likely price may push back up from here to retest levels around 12400 area before pushing back down, breaking through 12205 and going lower.
Always have a plan. You should know where you expect the market to go and when your entry and exits are. Sometimes its better to sit back and watch it play then enter over and over again and blow your account
Always have a plan. You should know where you expect the market to go and when your entry and exits are. Sometimes its better to sit back and watch it play then enter over and over again and blow your account
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