Nasdaq shows C+H pattern and just broke the handle

26 באוג׳ 2023

We see the classic cup & handle pattern in the Nasdaq 100, where currently the handle in the downtrend was broken upwards and retested. Thus, further highs are expected, above the previous 52w high and then the ATH.

Furthermore, with Friday's close, the MA50 in 4H was exceeded, which is also bullish.