Chris
Chris
1. The hourly MA50 and MA60 of the NASDAQ are about to reverse, currently bullish sentiment outweighs bearish. 2. If the NASDAQ stabilizes at the current level today, the daily MACD will form a golden cross, but note it's underwater. No reversal yet, still considered a rebound. 3. This week, the NASDAQ might surge due to tariff exemptions for chips and big tech, but don't assume NASDAQ strength means overall market strength. Key is still SPX, resistance at 5400/5470, support at 5230/5264. 4. NASDAQ 17000 sees repeated battles between bulls and bears, if it can hold steady...
