NASDAQ | Bulls still have some power
NASDAQ has been in bullish trend since the start of March 2020, making higher highs and higher lows and is also following parallel bullish channel.
Recently, it has broken the parallel channel but still in bullish trend (recent lows is not taken out).
We are expecting it will bounce from horizontal fib levels (0.382 and 0.236) mentioned in the chart.
This bounce can be the last leg of this bullish trend and may reach to recent high and even break and record all time high (ATH)
Trade your levels accordingly.
Recently, it has broken the parallel channel but still in bullish trend (recent lows is not taken out).
We are expecting it will bounce from horizontal fib levels (0.382 and 0.236) mentioned in the chart.
This bounce can be the last leg of this bullish trend and may reach to recent high and even break and record all time high (ATH)
Trade your levels accordingly.
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