Nasdaq - Bullish

30 apr 2022

Nasdaq is in this area of major support level which comes from the beginning of 2021 and also has got a bullish divergence including most of momentum indicator and volume as well. Next week on the 4th, there is the FED interest rate decision and we can see a 0.50 interest rate increase has already been priced in. İn this case, I'm waiting for C waves of correction to the 1.618 of AB and it shows that the major structure level also supports this idea has got potential.