NASDAQ Maintains Uptrend Despite Political Uncertainty

MARKET INDICES

Chartist Trader

7/15/20241 min read

Despite the current political situation, investors remain confident that NASDAQ is in a solid uptrend. A minor pullback might occur until the price finds support at the previous resistance level, which has now turned into support. The price is likely to continue moving within a strong uptrend channel, indicating that the uptrend remains intact.