LondonTradingFloor

NASDAQ Analysis

After a great bearish rally yesterday we have come towards a demand zone where buyers are waiting eagerly to push the price right back up. This area of support is very strong as we are also at the bottom of the bullish trend line.

If price does not break this demand zone and continue to push price up, i expect the price to go back to previous highs and then make new highs of 17000-17600

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