Nasdaq Bullish run Expected to Continue
Nasdaq has been very bullish in the past weeks as price has been pushing up despite the negative continuous selling of the dollar index which on Friday was negatively hit by the drop in the Employment Rate.
Technical Analysis
Looking at The Nasdaq four hourly time frame Nasdaq has broke above the uptrend resistance trendline and currently price is above the trendline looking for a retest above the resistance before we see more continued up trending market on Nasdaq.
Sifiso Nkwanyana
Author & Editor
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