NASDAQ is forming a diamond in a diamond. The first diamond broke out and followed the measured move to a T! If the price can breakout of the bigger diamond there's potential for a 16% rally up to 13.5k-13.7k area. However, if the diamond breaks down it'll indicate a continuation in the current trend.
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.