NASDAQ is peaking. Short term pull back possible.

Nasdaq is on the 5th sideways 1D candle, the first neutral (or non-bullish) sequence since the rally started on January 6th.
It is doing so after being rejected on Resistance 1, which was formed by the High of September 13th.

Trading Plan:
1. Sell if the price breaks below the MA50 4H.
2. Buy on Support 1.
3. Buy if the price breaks and closes above Resistance 1.

Targets:
1. 12000 (marginally above Support 1).
2. 12850 (marginally below Resistance 1).
3. 13700 (marginally below Resistance 2).

Tips:
1. The RSI 1D is on Lower Highs. A Bearish Divergence supporting a rejection.
2. Potential Golden Cross 1D on Support 1 near the end of February. Can provide a massive price boost.

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