#Nasdaq can have a pullback- Good opportunity for sellers
Last week, after breaking under important 15500 support, I said that I expect Nas100 to fall to the 14k zone.
The drop happened very quickly and even exceeded my target with a low of around 13.500.
Now the index is in a normal recovery and this can provide bears a good opportunity to enter the market.
My sell zone is 14.500-15k and only a daily close above 15k would put a pause in this scenario
The first target can be yesterday's low.
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Mihai Iacob
Forex, Gold and Crypto trader
