NASDAQ - The last push
The Nasdaq is only missing one last push to achieve the next targets and to get further confirmation that the correction at 12915 points was really finished. The Tech Index can easily pick it up before the weekend today! My short term target is to overcome the small resistance at 13,730. Then the 13.818 level should be overcome.
The wave [iv] would also only be a short corrective excursion to the region 13550-13430. The overriding factor is that the primary scenario is the breakout above 14064 points and targets beyond 15000 points!
Conclusion:
The bulls are more present over 12915 points and can show further strenght with a breakout above 13818 points. I´m still holding my long position!
H1:
30min chart + Buildup:
The wave [iv] would also only be a short corrective excursion to the region 13550-13430. The overriding factor is that the primary scenario is the breakout above 14064 points and targets beyond 15000 points!
Conclusion:
The bulls are more present over 12915 points and can show further strenght with a breakout above 13818 points. I´m still holding my long position!
H1:
30min chart + Buildup:
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