NASDAQ weekly Projections - Page 46

@nsg_usd - 13 hours ago

NAS 100- despite the strong rejections on the daily, without a flip of the daily candle to bullish, I'll be expecting tomorrow to start with sells.

Price is still confined to the Daily Bearish channel which signifies downtrend. without invalidation of the channel, price still has high tendencies to drop down to 28,200 price level.

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@nsg_usd - 13 hours ago

Quoted - nsg_usd

Price is still confined to the Daily Bearish channel which signifies downtrend. without invalidation of the channel, price still has high tendencies to drop down to 28,200 price level.

On the weekly, there's still a possibility of price dropping for a retest of the bearish trendline it broke out from last month. but if this week closes bullish, then price will continue its rally. but we're expecting FOMC this week to set the direction.