Yesterday's failed breakout is still lingering as the market waits for more information from Powell later this week. Watch for a possible breakout up, but also be cautious of bears taking control if two consecutive 4-hour candles close below 12233. Learn more about the technical analysis of the NASDAQ and S&P 500 in this video and visit ForexLive.com for additional views and updates. There may be possible updates on: https://www.forexlive.com/technical-analysis/nasdaq-and-sp-500-technical-analysis-whats-happening-before-powell-this-week/ |
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