Daily Closure – Major Indices
Nasdaq made an epic move today and it’s very possible this candle formation on the hourly frame marked the top.
NQ lost about 0.5% after our call.
We will know tomorrow whether it was indeed the top and also we will know whether NQ completed a double ending diagonal I have been talking for a while.
A zoomed out picture and the mid and long term perspectives for NQ can be read in our latest weekly report: . . .
https://investingangles.com/category/us-indices/nasdaq/
This quick update also compares the technical closures of four major index ETFs – SPY, DIA, QQQ and IWM and outlines expectations for tomorrow.
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