NASDAQ Is looking for a massive break-out to 24000!

Nasdaq (NDX) is most likely taking advantage of the 4H MA50 (blue trend-line) as a Support and after hitting it, it appears that the price will look for a way above the Parabola.

This might be similar to what took place after the May 07 test of the 4H MA50. The price broke above that parabolic pattern and peaked on the 2.0 Fibonacci extension. As a result, we are looking for 24000 as a potential Target in the next 2 weeks.

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