NASDAQ at crossroads

17 Tem 2021

I believe we are crossroads from a leg up or down continuation. NQ just broke the upward channel its been trading in since MAY 2021. I am expecting a retest of the lower end of the channel in coming week. IF we enter the channel again, it would be a valid bear trap and we can see 15k again on NQ. If we create a downward channel from here. The 6-7% pullback from 15k will take us back to 14k.