Regardless that the Nasdaq is up 12% from Might twenty second lows we’re nonetheless not seeking to get entangled on this market.
The principle purpose is that value remains to be buying and selling under the 13000 – 13200 zone (Feb.March & April lows). In contrast to the Dow and the SP500, the Nasdaq stays bearish till a clear break of this zone performs out.
We’re maintaining a watch right here and can replace you as this situation develops.
These are immediately’s key buying and selling ranges on the Nasdaq:
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