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NASDAQ, Downtrend, The supports should work!!
Hello traders. Nasdaq has been consolidated and tomorrow, We might have a strong sell zone, the last resistances, and support that I showed before still working and tomorrow we should check if the prices won't strongly break down at 12359 and if the prices do it, it should bounce at 11906.
The target for tomorrow S1 -S2
All this is to keep the technical reversal of the last uptrend. If the support of the prices doesn't work, the prices will go strongly down. But if the support works, we will continue with the natural transition to go higher in a short term.
Please keep checking the trend, pivot point levels, and the support and resistance I have plotted in the chart.
The key. The prices should bounce in the pivot level to go higher.
The target for tomorrow S1 -S2
All this is to keep the technical reversal of the last uptrend. If the support of the prices doesn't work, the prices will go strongly down. But if the support works, we will continue with the natural transition to go higher in a short term.
Please keep checking the trend, pivot point levels, and the support and resistance I have plotted in the chart.
The key. The prices should bounce in the pivot level to go higher.
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