Nasdaq

Nasdaq

NASDAQ remained in bulls' hands on Monday. The benchmark opened the week on a positive note. Buyers pushed away from 6630 and moved the price to the 6690 region. The resistance is at 6690, the support stands 6630.

We expect markets to stay fairly positive in the short-term. Buyers will keep attacking the 6690 resistance and if they succeed, the rate will advance to the 6750 area where we anticipate a turn around and a move to 6690 afterwards.