Just an add on to the earlier analysis using the NASDAQ futures Daily chart. The weekly analysis says it all, and is in alignment.
A truly bullish end to the Quarter, Month, Week and Day as described. Technical indicators are bullishly aligned.
Weekly close and maintaining above 14,382 is a MUST for a longer term primary trend change to happen (above the green dotted line); currently primary trend not yet bullish. Fortunately or otherwise, there is confluence for the Daily upside target at 14,400.
For more information about this point, do look into DeMark indicators.
A truly bullish end to the Quarter, Month, Week and Day as described. Technical indicators are bullishly aligned.
Weekly close and maintaining above 14,382 is a MUST for a longer term primary trend change to happen (above the green dotted line); currently primary trend not yet bullish. Fortunately or otherwise, there is confluence for the Daily upside target at 14,400.
For more information about this point, do look into DeMark indicators.
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