From TradingView · · 30s
NASDAQ Bears Target 27,300
NASDAQ shows repeating bearish pattern aiming for 27,300 within 30 days.
In brief
NASDAQ shows repeating bearish pattern aiming for 27,300 within 30 days. NASDAQ is expected to drop to 27,300 within 30 days based on a repeating bearish pattern. Originally reported by TradingView.
NASDAQ Bearish Pattern
NASDAQ shows repeating bearish pattern aiming for 27,300 within 30 days.
Technical Indicators Neutral
Nasdaq is neutral on its 1D technical outlook with RSI = 47.020, MACD = -209.629, ADX = 25.175.
Expected 1W MA70 Decline
Technical analysis expects a 1W MA70 decline after recent rise neutralized 1 month bearish wave.
What to remember
NASDAQ is expected to drop to 27,300 within 30 days based on a repeating bearish pattern.
