Is the correction over?!
Despite the disastrous happenings all over the world, the NASDAQ composite seems very bullish to me.
We are trading in a channel and already tried to broke out 5 times.
This time we might even have a chance.
If it gets above 11622, ohh boy... we will see some quick run-up and might even see a new all-time high.
Until we break out; I use every available penny in my account to buy the dip.
But we have to be careful and watch the signs in case of a reversal.
I will update this analysis every now and then.
Trade safe boys and girls!
We are trading in a channel and already tried to broke out 5 times.
This time we might even have a chance.
If it gets above 11622, ohh boy... we will see some quick run-up and might even see a new all-time high.
Until we break out; I use every available penny in my account to buy the dip.
But we have to be careful and watch the signs in case of a reversal.
I will update this analysis every now and then.
Trade safe boys and girls!
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