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james2004f
Mar 15, 2021 6:52 PM

Nasdaq breakout of range (update) Long

US 100 IndexFXCM

Description

It seems that we have started breaking out after the good news from bidens speak. look for upside towards 13070. if it gets through next target is 13130 which is the top of the cup in the cup and handle formation. i would suggest taking profits here and buying again once the handle(bull flag) breaks out and once it gets through 13130 the target will be the -27% and then the target of the cup and handle formation which is 13493
Image of target and info on cup and handle breakout:

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