Long
Keep buying nasdaq dips
Nasdaq appears to be in parabolic move, if we draw a channel we can see there is still plenty of upside.
NQ just keeps bouncing off every support it finds and all moving averages are extremely bullish. I would say we could go at least to 11500 and higher.
The only exception to considering shorts would be extreme divergences on the charts as we go along.
NQ just keeps bouncing off every support it finds and all moving averages are extremely bullish. I would say we could go at least to 11500 and higher.
The only exception to considering shorts would be extreme divergences on the charts as we go along.
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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.