NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ is running in negative trend . Wave 1 and wave 2 completed and wave 3 or wave c is going on presently and it is looking for 14917 target .Stop loss is 15570 and it can fall directly for 14917 target in form of wave c or wave 3 shown on graph. Immediate resistance are 15438 to 15510 levels marked by red box in graph.It has made irregular correction marked by abc pattern so it can fall below 15248 levels without touch 15570 level.
QUICK FUNDAMENTAL LOOK
Expected fiscal deterioration over the next three years as well as growing government debt.U.S. stock futures rise ahead of jobs report and mixed reaction to Amazon and Apple results.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.