Nasdaq is currently on an uptrend on a monthly and weekly time frame. It pushed to the upside, pulled back to the downside then continued to the upside past previous higher highs( See my previous analysis as the market was pulling back to the downside 02 Feb-2021)
On a daily and 4h time frame, the market tested what was resistant as a support zone several and respected the zone. A continuation to the upside is to be anticipated when the market breaks higher highs, and close above them.
Currently waiting for a confirmation and will react based on what the market gives.
On a daily and 4h time frame, the market tested what was resistant as a support zone several and respected the zone. A continuation to the upside is to be anticipated when the market breaks higher highs, and close above them.
Currently waiting for a confirmation and will react based on what the market gives.