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NASDAQ: Close above close will lead to new highs

Nasdaq Composite Index (NASDAQ:IXIC)  
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NASDAQ:IXIC   Nasdaq Composite Index
Trend Analysis Chart Patterns Technical Indicators nasdaq Ichimoku Cloud Nasdaq Composite Index CFD
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trendanalysis chartpattern indicator nasdaq ichimokuclouds ixic
With widespread of fears of an impending recession and calls for a bear market coming into 2019, the market is generally under-invested. The Nasdaq has now pierced through the bottom of the weekly ichimoku cloud and a close above the cloud will likely lead to new highs this year.
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