InvestingScope

NASDAQ: Buy the pullback, Megaphone broken.

Long
CURRENCYCOM:US100   US 100
Nasdaq turned bullish on the 1D time-frame (RSI = 59.763, MACD = 98.270, ADX = 26.689) as it crossed aboev the former Bearish Megaphone of February. With the 4H RSI on an HL trendline as well as the price action, we are looking to buy into a pullback on the 4H MA50 and target R2 straight (TP = 12,900).

Target hit on our previous Buy signal:


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