In my opinion, given the slowness with which it fails to break through area 12850 and given the situation of bank deterioration, in my opinion there is a good chance of seeing the Nasdaq go down to a minimum of area of 9,900 points. This, by the way, is a Fibonacci extension level that starts from the highs of January 2022 until the lows of October 2022 and then the other leg goes up to 38.2% which is nothing more than the recovery started in November until February. If the Nasdaq doesn't break up around 12850.. the chances of going very low are high. Conversely, only a quick upward breakthrough of the aforementioned area will be able to indicate in the 13600 area.
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