NASDAQ - MARKET UPDATE
The Nasdaq is definitely one of the strongest indices right now. Even if the chart is flattened a bit, we should rise to 14554 points in the next step. There I expect a mini correction, after which the price should rise to more than 15,000 points. Great prospects for the tech index. However, the Nasdaq may simply skips this corrective movement and climbs directly to my bigger tagest zone. That would mean that we are dealing with a far more aggressive bull movement and would then have to adjust the count accordingly. However, the overall target is around 15268 points, which is not in danger as long as the Nasdaq stays above 12915 points.
Conclusion: I see the Nasdaq rise to 14554 points and expect a small countermovement there.
15min intraday setup:
Conclusion: I see the Nasdaq rise to 14554 points and expect a small countermovement there.
15min intraday setup:
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