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Dr_Roboto

NASDAQ making a break for ATH but channel blocking from higher

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Trend Analysis Chart Patterns Wave Analysis NASDAQ 100 CFD SPX (S&P 500 Index) QQQ DJI
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No resistance between here and ATH, but the ATH is protected by the channel from the March low. It will take some serious bull to make it into and hold that channel. I think it gets rejected so it can fill those gap ups next week.

Note the MACD and RSI in the 1D time frame.
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Kommentar:
Morning update after the stunning S&P rally on COVID vaccine.
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Kommentar:
End of day update.
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