theTrendtradr

Nasdaq 4h Breaking Out in Overall Trend Direction

Long
theTrendtradr Updated   
TVC:NDQ   US 100 Index
Nasdaq fails in 4h demand zone just above gap support and 150 SMA, overall trend direction most likely to be resumed. On weekly uptrend after breakout above 4600 hadn't failed in last couple of days, still long for longer-term trade. Trade the reaction of price - no predictions, just following.
Comment:
Breakout occurred, closing strong Friday. Overall uptrend continuation likely.

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