NASDAQ (DAILY TIMEFRAME)

1) On daily we have a massive downtrend for the past year
2) the market structure has created two trend line touches
3) we are heading for a third touch on this major down trendline
4) what makes this intresting is that we are approaching the major trend with micro trend / counter trend/ pattern that will help us identify when structure has changed on lower timeframe
overall we are bearish on nasdaq untill it breaks the major trend
Trend Analysis

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