$11,948 in 5 days - 5/05/22

According to the VIX Cheat Sheet Indicator the Nasdaq will lose around 2.64% within the next 5 candles.

NASDAQ has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the index has resistance at 12600 points. The index is assessed as technically negative for the medium long term