NQU2024 upward channel bounce and MACD says...We see on daily chart an upwards channel, and are at the bottom.
The old faithful MACD indicates downward pressure.
Watching for the Tangent of the MACD to turn positive and the channel to be validated with a bounce upward.
We shall see. Even though most of my trades for this ticker are very short time frames, like 15 seconds... getting the larger view is very helpful.