US markets have climbed to new highs for the year, in line with our analysis of two weeks ago. The Nasdaq and S&P 500 are now bumping into the overhead resistance area formed by last year's highs. Of course, most traders see that and most traders expect some kind of pullback soon. Will we get it? Let's have a look at the Nasdaq chart:
Courtesy, By Danny of LunaticTrader |
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
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