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Nasdaq Composite Technical Analysis - The bears remain in control

Nasdaq Composite Technical Analysis - The bears remain in control
Last week, we got some risk aversion in the market as the tensions in the Middle East intensified. In fact, going into the weekend the bearish momentum increased as ABC news reported that the Israeli military got the "green light" to move into Gaza whenever it was ready. Since we haven't seen any ground offence over the weekend, we might see a relief rally today.Nasdaq Composite Technical Analysis – Daily TimeframeOn the daily chart, we can see that the Nasdaq Composite “confirmed” the downside... Read More
Posted: Oct 23 2023, 11:07
Author Name: forexlive
Views: 112159

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