Nasdaq possible entry long.
The US market did make a significant move higher yesterday, and the bulls are clearly in control. This suggests that a long entry is a good idea. However, it is important to note that the market did form a bear bar on Thursday. This could be a sign that the bulls are starting to lose steam. However, the bear bar was weak and the market was not able to close lower on Friday. This suggests that the bears are not in control yet. Overall, the market is still trending higher and a long entry is a good idea.
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