NASDAQ making a break for ATH but channel blocking from higher
Updated
No resistance between here and ATH, but the ATH is protected by the channel from the March low. It will take some serious bull to make it into and hold that channel. I think it gets rejected so it can fill those gap ups next week.
Note the MACD and RSI in the 1D time frame.
Note the MACD and RSI in the 1D time frame.
Comment
Morning update after the stunning S&P rally on COVID vaccine.Comment
End of day update.Related publications
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.