The Nasdaq him, was clearly lagging behind in recent months. A delay that does not necessarily have been filled, with a trend also hit more than the Dow Jones. But the increase that we've seen so far is not uninteresting, with well constructed steps. After a pull back on 21 December 2540, the Nasdaq will overcome the resistance orange. Follow five days between the resistance and the oblique orange purple, now stand, before a further acceleration upward.
The problem of Nasdaq, is that the accelerations are mostly with gaps. The gaps that disrupt the functioning of the market. This happened again with two consecutive tests before the Nasdaq to forge ahead and go tackle the highest in early December and the resistance red top of the channel as well color.
A resistance that has finally been reached on Tuesday ... with a new bullish gap. But the doji formed reflects the problem of Nasdaq currently bullish signal between fragility and related gap formed. However, a gap that will be very interesting to evaluate the content of the current movement.
A test is likely for this Wednesday and will have to confirm the bullish signal of the day, all we have to support the oblique red. And even if a pull back on the red oblique support became necessary, the Nasdaq should be able to enjoy the opening bullish given by the spacing of Bollingers. But it will not wait too long, especially as the road to the highest of 2011 will still be bumpy, with the median green, the middle of the blue channel, but especially the higher end October of 2750/2755, the last barrier before returning the gap of 27 July, 2840 the horizontal and the highest in 2880.
Station by cons if returned in the oblique and the horizontal red dotted. We saw the Dow Jones a few weeks ago that it was not fatal to the upward trend, but this seriously complicate the reading of the market. The Nasdaq could at least start with a return to the gap between the 2616 and 3 January 2627, soon reinforced by the MM20 and support bull brown.
It is only below that will seriously complicate the configuration, with a probable return on the oblique light blue, horizontal or even 2540.
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