NDX has been consolidating and is being beaten up by the bears since past 4 week, but 13129 is a strong resistance. Last Friday was a good green hammer with increased volume. There was also retesting of 12771 which bulls were able to hold. I believe that nasdaq is ready to run like fighter jet. It has tested its support and it needs to break 13129 level. I am also bullish because sp 500 and DJI has made a good run and NDX has left behind. Now i am of strong opinion that this coming week will be of Nasdaq. Finger crossed.
Opinion here are of education and entertainment, do trading at your own risk
Opinion here are of education and entertainment, do trading at your own risk
Trade closed: target reached:
As mentioned it crossed