I erase my previous NASDAQ market analysis to pinpoint the markets overall direction by fine tuning his channels and trend lines. Pivoting and constantly re-analyzing price direction is something new traders often have a hard time doing. They usually stick to one market analysis and hope the market will continue to follow.
In this video, Joshua Martinez, of Traders Agency goes a possible $20,000 Nasdaq market trade idea. Last weak, Joshua Martinez gave his Nasdaq market analysis on how the market is showing signs of becoming bullish. One week later and the market has started a bullish push.
Joshua Martinez, uses trend lines to create a channel of where the the Nasdaq may see resistance.
We're currently on the outer trend line, which essentially means that if the buyers don't take control right now, then we could see an overall reversal.
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NASDAQ is Making Me Erase My Previous Analysis…