Hi Everybody,
Nasdaq is still in consolidation. We can see a descending triangle that has been formed inside the consolidation box. These types of triangles usually indicate a bearish continuation so we can expect price to break down and continue to go down. However if price does break up we can see some bullish movement before coming down.
Will keep you updated
Nasdaq is still in consolidation. We can see a descending triangle that has been formed inside the consolidation box. These types of triangles usually indicate a bearish continuation so we can expect price to break down and continue to go down. However if price does break up we can see some bullish movement before coming down.
Will keep you updated