US 100 Index
Long
Updated

Nasdaq - The final bullrun breakout!

2 227
Nasdaq - NDQ - might break above all structure:
snapshot
(click chart above to see the in depth analysis👆🏻)

It is quite incredible how volatile stocks have been lately, especially considering that fact that the Nasdaq is about to create new all time highs again. Consequently, we are about to witness a significant structure breakout, which would ultimately lead to another rally of about +30%.


Levels to watch: $21.000

Keep your long term vision!
Philip (BasicTrading)
Trade active
Nasdaq - NDQ - will soon break out:
snapshot
(click chart above to see the in depth analysis👆🏻)

It should really not be a surprise at all that the Nasdaq is clearly breaking out to new all time highs soon. Price action - especially the massive bullish rejection wick - just indicated that bulls are picking up, so the previous all time high is wiped out any time soon.


Levels to watch: $21.000

Keep your long term vision!
Philip (BasicTrading)
Trade closed: target reached
Nasdaq - NDQ - is not slowing down:
snapshot
(click chart above to see the in depth analysis👆🏻)

Technically speaking, the Nasdaq already broke above the major previous all time high resistance. However, before we go all in with incredible leverage, the Nasdaq still has to confirm the breakout. Until then, this could still turn into an ugly fakeout.


Levels to watch: $21.000

Keep your long term vision!
Philip (BasicTrading)

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