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NASDAQ Well on its way to reach 14000

Nasdaq crossed over the 12950 Resistance today and is simply following the long term trading plan that we shared a few weeks ago (see bottom).

The Channel Up is intact, the 4hour Golden Cross has been formed as on January 18th and the rally now enters Phase 2 above the Resistance.

The 4hour RSI is also printing the same pattern as as late January.

Target intact at 14000.



Previous chart:

NASDAQ Rising on the 1day MA100 targeting 14000


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