Nasdaq #NDQ $NDQ Bullish and Bearish Scenarios #NDX
Nasdaq equities scenarios are trading within a broadening wedge (megaphone pattern) within an ascending channel
Wait for confirmation close in either direction
Breakout move will be huge in either case
Bullish breakout would be breaking out of the long term (black) wake up resistance trendline
Bearish breakdown would be breaking down from the ascending channel as well
Wait for confirmation close in either direction
Breakout move will be huge in either case
Bullish breakout would be breaking out of the long term (black) wake up resistance trendline
Bearish breakdown would be breaking down from the ascending channel as well
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