Nasdaq: In the tunnel 🐭


Nasdaq: In the tunnel 🐭

Like a mouse, Nasdaq has been scurrying sideways though the tunnel between the resistance at 15152 points and the orange zone. However, we expect it to emerge from his burrow soon and to poke its nose above the resistance line at 15152 points. From there, it should scuttle upwards above the next resistance at 16569 points and further still.
There remains a 40% chance, though, that Nasdaq could behold a bird of prey and scramble back into the orange zone between 13948 and 12722 points. There, it should wait until about 13182 points before feeling save enough again to try to climb upwards for a second time. Still, there is a 20% chance that Nasdaq could simply be too frightened and thus seeks shelter in the green zone below 12207 points for some time.