14.5k on the way Go Go gadget
Shouldve trusted in Cathie woods when she said don't worry lol.
3 powerful moves happened today
1.Nasdaq broke above it's downtrend (Yellowline)
2. Broke above its 50MA (Greenline)
3. Got back inside its channel
long term we are still in a bearish wedge pattern
Short term we should see 14.5k before another major "pullback" like we've seen the last 2weeks
would like to see it close above its 50ma
3 powerful moves happened today
1.Nasdaq broke above it's downtrend (Yellowline)
2. Broke above its 50MA (Greenline)
3. Got back inside its channel
long term we are still in a bearish wedge pattern
Short term we should see 14.5k before another major "pullback" like we've seen the last 2weeks
would like to see it close above its 50ma
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.