NASDAQ at Weekly Supply Zone – Bearish Breakdown Ahead? (READ)

By examining the #Nasdaq chart on the weekly timeframe, we can see that the price is currently trading within the supply zone around 21,400. If it manages to close and stabilize below 21,100, we can expect further downside for this index. The potential bearish targets are 21,000, 20,700, 20,200, and 19,150. The key supply zone ranges from 21,400 to 22,200.

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By examining the #Nasdaq chart on the weekly timeframe, we can see that the price is currently trading within the 21,700 supply zone. If the price soon breaks and closes below 21,000, we can expect further downside. The potential bearish targets are 21,000, 20,700, 20,200, and 19,150. The key supply zone ranges from 21,400 to 22,200.

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