NASDAQ: The 1D MA50 failed, expect to break towards 27,800US100SKILLING:US100InvestingScopeNasdaq is neutral on its 1D technical outlook (RSI = 50.970, MACD = 23.040, ADX = 22.054) as it's been practically consolidating around its 1D MA50 for the whole month. Having made multiple 1D candle closings under it, the 1D MA50 isn't anymore considered a market Support, and the next one technically is the 1D MA100. As long as the LH trendline holds, the market should target the LL. Contact with the 1D MA100 can be made just over the 1.236 Fibonacci level, like with the June 9th Low (TP = 27,800). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##