TraderEye Market View: The Nasdaq index fails to make a new record

Tuesday, October 1, 2024

The Nasdaq index fails to make a new record

The Nasdaq index fails to produce a new record, stopping at the 0.886 level from a previous record and allows building a potential weekly Japanese pattern of the evening star.

Attached is a weekly chart of the NASDAQ futures contract showing the previous pattern and the potential pattern being built this week. In order for us to receive approval for the template, we will wait for next week's candle.

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