PhiliciousP

Nasdaq Getting close to 12056

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NASDAQ:IXIC   ナスダック総合指数
Nasdaq is getting close to its previous high at 12056. I believe we will break it and possibly move up to 12300 then get a dip down again as the RSI will be high at those levels. My strategy is to hold now and wait for RSI to go high. There´s a strong momentum now and the previous dangerous touch to 50-day moving average is long gone. NASDAQ need to go above 12056 to confirm up-trend which means buying the dip to come(because it will) is probably a good strategy. Good luck:)!
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