NASDAQ is still in downtrend (bearish signal) => To sell !!

NQ1!

According to the daily technical analysis, Nasdaq is forming a bearish rectangle. We see here that we crossed the first support (11480) with high volume - which means Nasdaq will continue its downtrend.
The next step will be to hit the second support of (10870) as shown in orange.

Stay Tuned and Enjoy!
Trend Analysis

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