Nasdaq Breakout - Heading for new Highs

NASDAQ has been in a triangle consolidation during the rotation trade, breakout today increases probability to new highs with a target of 350 in QQQ

Note

Trade is progressing well toward target of 350 - at which point price will be in the region of over 17% above 200 ma at which stage institutions tend to take profits and rebalance in rotations...TBD

Note

Target achieved at $400

Trade closed: target reached

Webb-Global

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