(CercleFinance.com) – The Nasdaq returns to ‘funicular’ mode (4 consecutive rising sessions and +4% cumulative), in the wake of Nvidia (which reaches $500), and recrosses the 14,000Pts milestone (+26 % since January 1).
The Nasdaq reaches 14.030, i.e. the ex-low of July 21 and surpasses the resistance of 13.860 Pts of June 16: this undermines the scenario of a ‘head and shoulders’ under 14.400 (July 19) , except to fall sharply below the ‘neck line’ of 13,300.
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