NASDAQ expected to correct to the downside before going up!!!

٧ مايو ٢٠٢٣

Nasdaq has been trading in a correction printing Lower Lows and Lower Highs creating break of structures to the downside, however now we have a change of character and break of structure on the second previous lower high leaving an imbalance as it was going up. Price touched the previous swing high therefore we can expect a pullback to the downside before the main anticipated bullish move.

All the best!!!!