Breakout Confirmed on NDX

Breakout Confirmed on NDX

NASDAQ 100 NASDAQ:NDX


Last post: May 29th. See chart.

Review: Price was trading just below resistance. A break and close above was required to suggest a bull trend continuation.

Update: The break and close was confirmed by the close of trading yesterday.

Conclusion: A bull trend continuation is now required to give confidence in the next bull run in stocks.

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