[NASDAQ] Cup & Handle - Long setup
NASDAQ is forming a nice Cup & Handle pattern on the daily aiming to find support around the 200d EMA and enough buyers to push the price to ATH.
A similar pattern was seen in the 2009 bottoming process, successfully defending the 200d EMA and resuming the secular bull market.
[IMG]
[/IMG]
The same goes for the 2008 failure to hold the 200d EMA giving us a clear invalidation point for our setup
[IMG]
[/IMG]
If NASDAQ looses the 200d EMA most likely the bear market will resume
A similar pattern was seen in the 2009 bottoming process, successfully defending the 200d EMA and resuming the secular bull market.
[IMG]
The same goes for the 2008 failure to hold the 200d EMA giving us a clear invalidation point for our setup
[IMG]
If NASDAQ looses the 200d EMA most likely the bear market will resume
註釋
[IMG]
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。