Bullish Basing + Breakout: Long to 15175?
Updated
The Nasdaq Index Futures have executed a bullish crossover of the 14-hour regression line over the 30 hour regression line amid a strong uptrend (slope of the 90-hour regression line). The recent pullback thus looks like a bullish basing pattern targeting 15175 or above (top of the regression line) on the high side and the contracting 2 STDV BB on the low side.
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