Has the NASDAQ bottomed tonight?

Has the NASDAQ bottomed tonight?


So the USTECH100 CFD has shown a strong demand tail on the 1h chart earlier this evening, possible reversal potential with divergence between price & RSI .

Taking a step back, on the daily chart , we can see the index is challenging the lower midline of the ascending pitchfork . If it holds, the bull could be back!

If it doesn’t hold, we could be heading for the lower boundary line of my pitchfork

Lets see what happens on Monday 🙂

Good luck everyone and stay safe!

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