Technical Analysis and Outlook
As shown on Nov 15 chart analysis, NASDAQ's inner Index Dip 6455 was open for business, whilst, we do have completed scenario as of yesterday (Nov 20) trading session.
So, we have two critical, support/targets at stake: Key Support 6305 and outer Index Dip 6273 on the downside (Stage 4). On the upside, there is a low probability, for now, Mean Resistance 6892. (See 'Indices Market' tab for full Market Commentary).
As shown on Nov 15 chart analysis, NASDAQ's inner Index Dip 6455 was open for business, whilst, we do have completed scenario as of yesterday (Nov 20) trading session.
So, we have two critical, support/targets at stake: Key Support 6305 and outer Index Dip 6273 on the downside (Stage 4). On the upside, there is a low probability, for now, Mean Resistance 6892. (See 'Indices Market' tab for full Market Commentary).