Tuesday, 18 October 2022

NASDAQ Composite: Great rebound from 10215 Cloud Chart support zone! Next resistance zone: 10920!

 NASDAQ Composite: Great rebound from 10215 Cloud Chart (CC) support zone, a support zone on the quarterly CC support zone of the standard line of the CC.  


Next resistance zone: 10920 is the bottom end of the front end of the daily CC with the next level of the resistance at the standard line around the 11192 zone!




Short-term high risk swing trades since price action is below the cloud and that remains overall bearish.


 




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