(Communicated)
(CercleFinance.com) – Nasdaq performs a 3rd consecutive test of 11,700: in the end, a rebound of 0.4% which remains very timid after a decline of 0.75% on Friday of the ‘4 witches’.
The Nasdaq will in any case be able to go beyond the filling of the ‘gap’ of 11,853 on February 16 to then face the big resistance of 12,200 on February 2: the short-term upside potential seems relatively limited.
On the downside, the 11,000 level remains a good protection against a new bearish sequence.
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