NASDAQ Comp Index Weekly Daily Chart Analysis For June 1, 2020

TVC:IXIC   NASDAQ Composite Index
Technical Analysis and Outlook
NASDAQ completed the Outer Index Rally $9,817 and established a new intraday all-time high. TARC formation in progress (need three more price bars to complete) to validate the end of the intermediate movement. Although, push to next Outer Inner Rally $10,021 and Inner Index Rally $10,185 stands at 70%. On the downside, we do have Mean Sup $9,615 and Mean Sup $9,280 resting respectively below. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For June 1, 2020" page at TradingSig_dot_com.


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