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Mid-week correction for the Nasdaq

The bulls have lost a bit of power this week with a slight drop in the up to 13,505 points.

The moving average is 200 above the last candle, RSI is up at 63 points with double resistance at the overbought level and the fast line (blue) of the MACD is still above the slow line (red), although the
The first falls smoothly on the second.

AG Nasdaq 19 08

We can mark resistance at 12,836 points.



The views expressed in this article are only the analyst’s view of the market. They do not represent investment ideas in any way.

Remember that investing in the markets carries risks. Consult a regulated professional before operation.

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