Sitaution NASDAQ end of 5.3.2019 Still long difficult forecast
At end of today we have these situation:
One the one hand Nasdaq is trading in a new long channel
(here support in blue line and resistance in red line)
BUT as you can see i have taken in the new resistance at
7170 which comes form the high of 25.2.2019
and at the end of today trading the last hour has exact set up to that level and comes back from that now.
2 hours ago Nasday has broken that resistance but failed to hold it and at the moment its not clear whether
that ha sbeen a true break for tomorrow or a false break.
But under the line its a long setup at the moment.
One the one hand Nasdaq is trading in a new long channel
(here support in blue line and resistance in red line)
BUT as you can see i have taken in the new resistance at
7170 which comes form the high of 25.2.2019
and at the end of today trading the last hour has exact set up to that level and comes back from that now.
2 hours ago Nasday has broken that resistance but failed to hold it and at the moment its not clear whether
that ha sbeen a true break for tomorrow or a false break.
But under the line its a long setup at the moment.
