Shouldve trusted in Cathie woods when she said don't worry lol.
3 powerful moves happened today
1.Nasdaq broke above it's downtrend (Yellowline)
2. Broke above its 50MA (Greenline)
3. Got back inside its channel
long term we are still in a bearish wedge pattern
Short term we should see 14.5k before another major "pullback" like we've seen the last 2weeks
would like to see it close above its 50ma
3 powerful moves happened today
1.Nasdaq broke above it's downtrend (Yellowline)
2. Broke above its 50MA (Greenline)
3. Got back inside its channel
long term we are still in a bearish wedge pattern
Short term we should see 14.5k before another major "pullback" like we've seen the last 2weeks
would like to see it close above its 50ma
