As we can see, the price on Nasdaq has been forming a slope of higher lows into resistance, in other words "bulls" keep putting pressure on that resistance level and as a result, a break-out is bound to happen... However we may find that resistance is too strong and price may not break to the upside...
Overall what we can inticipate from the market is a break-out from from either side, however as a market predictor, I'm expecting price to break to the upside
Overall what we can inticipate from the market is a break-out from from either side, however as a market predictor, I'm expecting price to break to the upside
