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NASDAQ PULLBACK since 1st Dec 2021, targets 12989

Writer's picture: jeremy chojeremy cho

The pullback started on 1st Dec 2021 with a short signal on the day charts at 16004 targeting 14788 on the weekly supertrend support. This level has since been violated on 170122 with the potential of a deeper pullback to the monthly supertrend support at 12989.


Long Term UPTREND since 011209

Medium Term PULLBACK since 170122

Short Term DOWNTREND since 011222


PIVOT 15566

Short positions below 15566 for 12989 and 11717

Long positions above 15566 for 16646 and new ATH



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