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