NNQ - Nasdaq is showing signs of exhaustion from buyers to end the year, which could be last-minute selling - but also the volume was not as significant to justify a definitive correction. However, the hourly trend is not intact if you follow the short-term trend. The long-term trend is obvious, we are in blue-sky territory, and trying to pick a top is a fool's errand. Looking at key retracement levels or a new all-time high break.
Note
Might be a good area for bulls to step in here
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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.