Good Morning,
Long till final boss. We saw NDX take a pull-back in last weeks session. Since there has been some great momentum and now we are seeing a break out of consolidation into what is looking like a pretty nice run.
EMA 9 crossed EMA 50 - Breakout from consolidation and en route to break about previous highs.
Keep on eye on the 9 & 50 EMA as the trade progresses upwards. Break below these moving averages would suggest more consolidation until the new trend is determined.
Trade Safe Enjoy!
Long till final boss. We saw NDX take a pull-back in last weeks session. Since there has been some great momentum and now we are seeing a break out of consolidation into what is looking like a pretty nice run.
EMA 9 crossed EMA 50 - Breakout from consolidation and en route to break about previous highs.
Keep on eye on the 9 & 50 EMA as the trade progresses upwards. Break below these moving averages would suggest more consolidation until the new trend is determined.
Trade Safe Enjoy!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.