Nasdaq: 06-01-2020 Analysis

5 בינו׳ 2020

After friday's overnight drop due to a major geopolitical issue, Nasdaq managed to recover up to 80%. Currently undergoing a correction, will resume the uptrend if the 8860.00 price level ("confirmation level") is broken. Instead if the 8740 price level ("invalidation level") is broken, the downtrend will continue.