NDX - Rising Trend Channel [MID TERM]

🔹NDX shows strong development within a rising trend channel in the long term.
🔹NDX has risen strongly since the positive signal from the DOUBLE BOTTOM formation at the break through resistance at 12042.
🔹NDX has support at 13000 and resistance at 16500.
🔹Overall assessed as technically positive for the long term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️