As expected, the Nasdaq made an intermediate correction. This correction ended very quickly and we saw a direct breakout in yesterdays trading session! If the market can maintain its position above 14,225 points today, it can be assumed that we will see target prices above 15,000 points in the coming weeks!
Conclusion: With the breakout to new all-time highs, the market confirmed my primary expectation that the run up will continue here. But the market has to stay above 13830 points for this.
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