NASDAQ: Important Resistance rejection can cause reversal.US100SKILLING:US100InvestingScopeNasdaq is marginally bullish on its 4H technical outlook (RSI = 58.590, MACD = 288.340, ADX = 56.845) experiencing today a strong rejection on the R1 Zone that's formed from the ATH earlier this month. As long as it fails to cross above it, the market is more likely to test the S1 Zone and the 1D MA50 (TP = 28,800) in the coming days. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##