NASDAQ gave a multiyear breakout

Nasdaq which is a USmarket Indice has given a breakout on monthly charts with a cup and handle pattern, even price action is seeming good. Also we will be witnessing US election in this year. This upmove can directly affect our indian IT sector.

Note

The US markets have rallied almost 10% from the mentioned key levels in the chart above. Some positive news from FED may boost the markets more and we may see 20000 levels in 2-3 months. The US presidental elections will play key role in markets.

Transaction en cours

The chart may see a retest at the breakout level, as it is also a part of game

Transaction en cours

3000 points up

Transaction en cours

All targets done - lets go to 20700

Vallabh69

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.