Is a little exhaustion entering?Wednesday was amazing!
However, one indicator trigger a projection to 8228.99
While a bearish indicator is saying 8211.13
The bearish indicator triggering and nearly matching the other indicator in projection is hinting at a little exhaustion entering into the prices.
We could end up generating a consolidation range around 8200 to catch our breath before pushing out. Let's see what the weekly says on Saturday.
Nasd
Caught in weekly consolidationWhile everyone else is breaking out and getting their party on - NASDAQ is still in S/R
Daily
Trend - Bull
Friday place NASDAQ in daily consolidation: 8088.9(R) - 7996.9(S)
New renko bullish box painted on the 19-Jun
Price projections on the daily are: 8219.83 and 8325.14
Weekly
Trend - Bull
Still caught in consolidation between 8135.5(R) - 7292.2(S)
No new renko for the current trend. Renko is counter trend at the moment.
Price Projections on the weekly are: 8178.5