Diamond Member Pelican Press 0 Posted April 12, 2024 Diamond Member Share Posted April 12, 2024 Nasdaq, S&P 500 Bulls Eye Follow-Through Today; Russell 2000 Gaps Below Support Yesterday belonged to the with Apple (NASDAQ:) and This is the hidden content, please Sign In or Sign Up (NASDAQ:) key contributors to the gains. The index is now challenging the ‘bull trap’ after recent struggles. Again, we will likely see sideways action, but if there is a follow-through over the coming days it will mark a confirmed follow-through for the index. On the other side of the coin, the () gapped below trendline support, closing with a second of two doji. I would be a little more positive on these supposed neutral candlesticks as it marks a ******** by sellers to push the breakdown. The was able to ride some of the Nasdaq positivity, returning above breakout support, but still has work to do to challenge all-time high levels. Supporting technicals remain negative with minimal improvement despite yesterday’s price gain. Markets have bounced back well from the sell-off, helped by better data and the action of Tech giants. The Nasdaq has swung into a leadership role, marked by a strong uptick in relative performance to peer indexes. Certainly, these gains mean the Nasdaq will hog most of the attention over the coming days. This is the hidden content, please Sign In or Sign Up #Nasdaq #Bulls #Eye #FollowThrough #Today #Russell #Gaps #Support This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/14687-nasdaq-sp-500-bulls-eye-follow-through-today-russell-2000-gaps-below-support/ Share on other sites More sharing options...
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