Nasdaq on the fence for UP- But with a plan for up or downside

I honestly can't give a definitive analysis on this one.

On the one hand we have a previous uptrend, and now consolidation following a Box formation confirming the sideways range.

So if we break up we will head to a target of 23,440

On the other hand (with the US going awry with their radical bills being passed) if the M Formation plays out, there is a likelyhood of the price crash down to 18,850.

The technicals are pointing on the UP so I am 70% Bullish and 30% bearish.

I would imagine the first analysis seems more promising to 23,440.