Nasdaq, Inc.
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NASDAQ possible reversal setup!

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Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: NASDAQ is sitting around its all-time-high and 140.0 round number in blue so a reversal may be expected from here.

As you can see, NASDAQ is forming a channel in red so we will be waiting for a new swing low to form around our lower red trendline to consider it our trigger swing and then enter sell after a momentum candle close below it.

and until the sell is activated, this one would be overall bullish and can still break above the 140.0 round number to reach 150.0 before going down.

As price approaches our lower green support and round number 100.0, we will be looking for buy setups.

Good luck!

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