NASDAQ rejected off the ATH at 2.146(12458) fib level
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It made a run at breaking the 2.146 level but was rejected by both the 2.146 fib and the black trend line across the recent peaks. It currently is outside of the down channel and the cRSI is showing it overbought. The NASDAQ is in the same situation as the S&P. Both are testing the top limits of the market. So far, both have been rejected. However, it is still important to watch if the NASDAQ slows a bit for some consolidation before another push or will it give up after 4 tries.
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Thursday 9:50 am. Just hang around doing not much.
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