Nasdaq has completed a rather neutral week, after getting rejected on the 0.5 Fibonacci, accurately depicted on the mixed 1D technicals (RSI = 59.704, MACD = 168.310, ADX = 29.641). The Rising Wedge is leading the index towards the R1, the most important Gap Fill of August. As long as the 1D MA50 supports, we will stay bullish (TP = 13,750).
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