#TradingTools101 In the example of #NasdaqETFUpdate, we see how the index reacts to such key levels. The increase in volumes and confirmation of the signal from the 200-day moving average indicate a possible #MarketRebound — an upward reversal after a period of correction. 📈
For successful trading, it is important to use a comprehensive approach — combining technical indicators with an analysis of fundamental factors. The tools from #TradingTools101 will help not to miss the moment of entry and exit, minimize risks, and trade as effectively as possible in volatile markets.