LondonTradingFloor

Nasdaq Analysis

Short
Today the bears have come right in pushing price down over 300 pips. This is definitely now the end and we will see alot more bearish movement. From the charts we can see price broke out the channel, came back up to test the channel and now i would expect it to continue to go down. I have drawn some key levels which can be used for each trade taken when broken. Prices will respect these key levels so keep a close eye on it.
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