NQ1! - Weekly Market Update, 8/29
Nasdaq Futures finding support at its 50 day SMA.
Currently sitting on support @ 12550
If support and the 50 day fails, for this upcoming week we could be looking at 12235
If that fails, we likely slip into the next leg down of a bear market and retest the recent bottom placed
Currently sitting on support @ 12550
If support and the 50 day fails, for this upcoming week we could be looking at 12235
If that fails, we likely slip into the next leg down of a bear market and retest the recent bottom placed
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