Nasdaq Break
Image Source: Unsplash
After ages of watching the /NQ try to bust past its price gap, we’ve finally got a reversal. Even in just the past few days, the /NQ made five different attempts to rip higher, failing each time. I guess yesterday was the last gasp, because the QQQ, having finally sealed its price gap from early November, created a new, lower gap and, more importantly, has broken its medium-term uptrend. This is the first positive development the bears have had in months!

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