Initially, we have a bearish outlook for the NQ, given that it has experienced several consecutive weeks of upward movement. Our analysis is based on the change in price action in lower time frames, where recent movements suggest a potential pullback. This correction, if it occurs, could serve as a pause before the continuation of the prevailing bullish trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.