NASDAQ 4hr chart - red week incoming
For the past 13 weeks the NASDAQ has alternated between red and green weeks, so. We hit the top of the ascending channel and I believe it will drop back down to support now. If that happens it's a good buying opportunity, if it bursts through the top of the channel it's v. bullish.
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.