Nasdaq100 (NQ) Trying to Form 6th Straight Green Weekly Candle
The Nasdaq100 (NQ) is trying to form its 3rd straight green daily candle and its 6th straight green weekly candle. Significantly, although NQ has decisively broken to record highs above the psychologically key 8k whole figure level, it remains vulnerable to a pullback as it nears upchannel resistance (on the 4hr chart) and is bumping up against the ascending resistance line (on the weekly chart) connecting the May, July and November highs…Click here to read the full analysis of this market as well as on S&P500, Raw Sugar
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