As we can see, Nasdaq has hit a very solid support level and pulled back. Nasdaq is currently in a huge consolidation zone on the H4, so it only makes sense for it to either bounce back up & consolidate some more or break beyond.
Analysis is telling us that we are looking at a really good buy opportunity from this support level which can create new highs with the right amount of momentum.
Analysis is telling us that we are looking at a really good buy opportunity from this support level which can create new highs with the right amount of momentum.