So the greater the supply the more the demand of that certain commodity and vice versa.
NASADQ shouldn't be exempted from that equation. Example: If fundamentals are saying that the Tesla has created new cars then the demand for Tesla increases.
Similarly Tesla is a part of the NASDAQ index so we should take that knowledge into trading. This demand and supply are in form of candlesticks so pay more attention to them.
If 9955 gets broken it sends us to 9835 which in turn means that supply of more products are needed and if it doesn't break it takes us to 10120 meaning the demand of these 100 products are needed.
NASADQ shouldn't be exempted from that equation. Example: If fundamentals are saying that the Tesla has created new cars then the demand for Tesla increases.
Similarly Tesla is a part of the NASDAQ index so we should take that knowledge into trading. This demand and supply are in form of candlesticks so pay more attention to them.
If 9955 gets broken it sends us to 9835 which in turn means that supply of more products are needed and if it doesn't break it takes us to 10120 meaning the demand of these 100 products are needed.