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Panjang

NASDAQ The rally is far from over

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Nasdaq is trading inside a long term Channel Up and is staging the second bull leg to its Top.
The market formed a Golden Cross (1d) four weeks ago, the first since May 22nd 2020.

Trading Plan:
1. Buy on the current market price and as long as it stays over the MA50 (1d).

Targets:
1. 13730 (Resistance 1).

Tips:
1. RSI (1d) remains over its MA period and reveals exactly where the price is at in relation to the previous bull leg (around January 30th).

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Notes:
This is a continuation of this trading plan:

NASDAQ About to break upwards.

Penafian

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