NASDAQ: Bullish breakout is taking place

Nasdaq is marginally bullish on its 1D technical outlook (RSI = 57.848, MACD = 196.930, ADX = 44.220) and that shows the strong upside that the 1H momentum has today. Technically it is on a similar situation like Sep 19th when it crossed over a Channel Up and made a +3.00% rise on the 2.0 Fib. A 1H Golden Cross is about to take place, so we think that is a strong buy entry to target a +3.00 rise (TP = 20,300).


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