BREAKDOWN
Lots of mixed signals fundamentally today for Nasdaq, two major events are:
1. The potential for a cyber war against Russia and the USA (this will benefit tech stocks with extremely sensitive bull runs)
2. Future restrictions with Russian banks + businesses which will negatively affect the United States.
If price breaks bug zone and LS we will look to grab shorts upon retest or confirmation to the green horizontal lines (13346, 13006, 12822)
If price breaks 14138 we will look to grab buys to our sell zone at 14513-14678.
Lots of mixed signals fundamentally today for Nasdaq, two major events are:
1. The potential for a cyber war against Russia and the USA (this will benefit tech stocks with extremely sensitive bull runs)
2. Future restrictions with Russian banks + businesses which will negatively affect the United States.
If price breaks bug zone and LS we will look to grab shorts upon retest or confirmation to the green horizontal lines (13346, 13006, 12822)
If price breaks 14138 we will look to grab buys to our sell zone at 14513-14678.