NASDAQ: The Mid-November Gap and the Road to a Rally
The NASDAQ is consciously paraded, not as futures but as the standard chart, revealing blatantly the gap created mid-November. This gap calls for rectification in the coming days. Such a natural course of action is expected to temporarily drape the market in bearish sentiment before swinging back to bullish postures after the interest rate decision next week, potentially ushering in a festive rally that could set new all-time highs for major U.S. indices.