Nasdaq: Next Impulse coming, open sky above us

7 thg 11, 2020

Nasdaq broke above its consolidation pattern, we were currently trading in. This sets us a uber bullish signal for the next move in the Nasdaq. To get this confirmed we are looking for a break of the previous high of the correction pattern and a reclaiming of this summers channel . This next move up also fits perfect into a fundamental bigger picture of US Techs economically profiting the most by corona. The market will furthermore be stimulated by both US fiscal policy and a expansive monetary policy driven by the FED.