NASDAQ Trend Analysis Week of Mar. 25th
Weekly=Bullish.
Daily=Bullish.
4H=Bullish.
4H broke out of triangle/pennant pattern for a bullish breakout. Expecting price to pullback to 50% or 61.8% fib level and continue up. If not price will continue from 38.2% where its currently at. Looking for swing level of 18750 & 19000 before major pullback.
Breakout buy is above 18477 on 4H.
Daily=Bullish.
4H=Bullish.
4H broke out of triangle/pennant pattern for a bullish breakout. Expecting price to pullback to 50% or 61.8% fib level and continue up. If not price will continue from 38.2% where its currently at. Looking for swing level of 18750 & 19000 before major pullback.
Breakout buy is above 18477 on 4H.
Penafian
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