velmunis

NASDAQ is expecting a bullish rally until Presidential poll

Long
CURRENCYCOM:US100   US 100
NASDAQ
After the massive rally by the market hopes and optimism about the healthy markets.
During the starting of this month NASDAQ bleed massively as the sell of happens quickly.As its takes only 19 days to reach the current lower level which is 10660.00 But its take around two month to reach the points as felled in recent day

We can expect rebound from the 11035 support level. As President TRUMP is infected with COVID-19 minor lower correction are expected towards the 11035 level. If the health condition of the President improves the market will get boost from the positive news.The election developments may negatively impact the NASDAQ.

I am expecting NASDAQ will reach the 12600 at the end of next month.

Give a like if you found useful and share with your friends and trading community.And tell about your opinion in the comment section below

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.