When a break above the 15824 level on the Nasdaq occurs, this can be a strong signal indicating a change in market direction. A breakout indicates the index has crossed a certain level, in this case 15824, and can reflect a shift in power between buyers and sellers. You can see the weekly analysis on my website Weekly analysis of Nasdaq
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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.