Nasdaq has reached a key trend line. The trend is still very bullish and I would expect the price to continue to go up creating new highs. If price does continue we would be looking at 15500. However if the price does break down it will most likely come down close to the EMA50 before going back up. Right now I will be looking for buys as it is a uptrend
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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.