NASDAQ price retested broken downtrend (white line) and now it is approaching resistance zone (red zone). We clearly see strengthening of the bullish bias, but for full confirmation of that it would be good to see same picture on bigger TF. I am expecting that the price will reject from the resistance zone and then I will look for entry triggers for opening short position. We have strong support zone (green zone) below, but it is possible that any of two dashed green lines will act as support. For opening any longs I would wait for correction.
