AlgoVenture

Nasdaq: Weekly Forecast 18th July 2021

Long
Nasdaq started the week strong but faced some significant selloff at 15000 psychological level in the last 2 trading days.

Nevertheless, the trend is still clearly bullish and it is still trading within a minor rising channel, about to retest the bottom.

This week, we will be looking for a buying opportunity to buy the dip at about 14600.
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