UPDATE: Nasdaq easily heading to first target 16,956

Similar to Dow Jones, the Nasdaq is heading to our initial target of 16,956.

Also formed a Cup and Handle. Also above the 200MA.

Also moving based on the fundamentals of weaker US dollar and slow down in interest rate hikes.

Also, with AI tech and EVs taking over control with many different companies in some ways or another, we can expect the tech boom going into 2024.

All the reasons to stay bullish and optimistic.

Or am I just feeling the festive season too much?

You let me know!