US 100

NASDAQ: Healthy pullback serving as end of year rally vessel.

702
Nasdaq is pulling back today after the 1D MACD formed a Bearish Cross and the 1D technical outlook turned neutral (RSI = 54.419, MACD = 183.360, ADX = 45.724). This has so far achieved at offsetting the previous overbought condition on the chart. Technically it can be a HH rejection on a newly emerging Channel Up. This can serve as a buy opportunity either on the S1 level or if it is extended on the S2 and the 1D MA50 for the end of year rally. Our target is the ATH (TP = 16,775).

See how our prior idea has worked:

NASDAQ Rebounding on the 1D MA200 and targeting 15,000


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

## Comments and likes are greatly appreciated. ##

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.