NASDAQ: Channel Up intact. Targeting 22,000.

13 thg 11

Nasdaq is on excellent bullish technical levels on the 1D timeframe (RSI = 65.968, MACD = 283.550, ADX = 47.440) as it is rising on the new bullih wave of the August Channel Up. The bullish wave confirmed the strong buying pressure as the 1D MA50 held and kickstarted it after a Bullish Cross on the 1D MACD. Based on the previous bullish wave in September, we are currently in the middle of a +10.90% wave. We are targeting its full length (TP = 22,000).

See how our prior idea has worked out:

## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##