The Nasdaq is trading near all time highs but I expect the highs to break and for the trend to continue. In fact, I believe that 17000 is on the cards at some point during 2021.
Currently the price is trading at the resistance level of the structure indicated in green. There have been 4 waves within the structure which means that we could see the break now or a possible 5th wave to the bottom of the structure before it breaks to the upside.
Welcome to 2021!
Linton White
QuickTrade
South Africa
Currently the price is trading at the resistance level of the structure indicated in green. There have been 4 waves within the structure which means that we could see the break now or a possible 5th wave to the bottom of the structure before it breaks to the upside.
Welcome to 2021!
Linton White
QuickTrade
South Africa