Nasdaq Outlook waiting the FED!

19 בספט׳ 2023

On the Nasdaq, we have a bearish setup with the price breaking a swing low at the level of 15400. The price has reached a resistance/support zone. So, at this point, I expect two scenarios: a short and a long position. I've highlighted on the chart the potential path the price could take... we'll see tomorrow if the Fed can move the markets. Let me know what you think. Happy trading, everyone, from Nicola.