NASDAQ WEEKLY VIEW

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Trading Idea for this weeks NASDAQ price chart

• Price has broken the near resistance to form a continuation of the uptrend.
  Price may retrace to the new support at 13123 - 13107 to bounce back up and continue a bullish trend.
  Price may also return to bounce back at the 12884.4 - 12785 support zone.
  Trade idea: consider buying at the retracement level at near support (13123 - 13107) for a long term bullish position