NASDAQ RALLY CONTINUES

Technical indicators suggest that the bullish rally of NASDAQ continues. The price is a clear uptrend, it is above both 9 day and 20 day moving average, and 9 day is above 20 day. Upper and Lower Bands of Bollinger bands are expanding, which suggests increasing volatility.

The price tried 3 times to brake the resistance at $13 870 dollars with no success, if the rally continues, it will probably attack the previous high $15 380, and if this attack is successful the price will try to reach it's biggest high from past two weeks: $15 977

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