Up >15% since I published the idea: Where to from here?
NASDAQ has had a tremendous rally since I published the following idea. It was up about 17% at one time but is still up more than 10% from the publication date.
It is now correcting, but I expect the 20 M EMA to act as support as it always has (light green dotted line; currently at 11800). If it breaks, there is plenty of support between 11500 and 11600.
PS: This analysis is just for entertainment purposes and is not a recommendation to buy or sell. Please do your research and trade at your own risk.
Here's a link to the idea:
It is now correcting, but I expect the 20 M EMA to act as support as it always has (light green dotted line; currently at 11800). If it breaks, there is plenty of support between 11500 and 11600.
PS: This analysis is just for entertainment purposes and is not a recommendation to buy or sell. Please do your research and trade at your own risk.
Here's a link to the idea:
