⚠️Nasdaq Index is caught between 2 strong constructions.

Relying on the response to the underlined areas, I see 2 potential eventualities.

1 – Bullish

If the worth breaks and closes above 12700 – 12900 provide cluster on a every day,

I’ll count on a bullish motion no less than to 13130

2 – Bearish

If the worth drops and closes beneath 12300 – 12500 demand space on a every day,

I’ll count on a selloff to 11900

Await a breakout, it can present us the longer term path of the market.

For Extra affirmation use: Breakout Indicator

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