NASDAQ long term projection
Fundamental Reason:
Rate hike, inflation , rising price oil , recession
Technical Reason:
downtrend structure which showing a series of lower highs and lower lows
1st Target 4200 (Resistance become support)
2nd Target 2024 (Trendline confluence)
Holding style: Weekly/Monthly basis
Rate hike, inflation , rising price oil , recession
Technical Reason:
downtrend structure which showing a series of lower highs and lower lows
1st Target 4200 (Resistance become support)
2nd Target 2024 (Trendline confluence)
Holding style: Weekly/Monthly basis
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