Breakout imminent

٢٤ أغسطس ٢٠١٨

NASDAQ is moving as anticpated, and looking very good. Strong finish to the week, and the Ascending Triangle has almost formed. To validate it we need to see a breakout. This could come very soon as there's a small Bull Flag is forming on the hourly time frame. However, I would not be worried to see a small retracement down the triangle before heading back up and breaking out.