Equity Market Observation 12.10.22
Nasdaq Index

equity_market_observation_featured

Nasdaq observation follow up broke our support level 11,000 and second target 10,500 came close to be tested, rebounded to around 10,930 level and as mentioned last time these rebounds is a good entry time for short positions, our main target is still around 9000, the continuation pattern in Momentum confirms the downside.

*Market Observations are NOT trading recommendations*

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