Nasdaq has formed a Rising Wedge with the price near its top.
Another pull back to the 4hour MA50 is technically feasible and if it happens, buy and target 13500.
If the price crosses above the Rising Resistance, then buy the break out and target Resistance A at 13730.
Previous chart:
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Another pull back to the 4hour MA50 is technically feasible and if it happens, buy and target 13500.
If the price crosses above the Rising Resistance, then buy the break out and target Resistance A at 13730.
Previous chart:
Follow us, like the idea and leave a comment below!!
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