bullish
Charts to Watch.
SUMMARY
- Nasdaq 100 is trading below the 200-day MA since mid-January. Now the index is trying to go back above the MA for the second time in a couple of months.
- Russell 2000 index did nothing in the last 15 months. For one year it traded in a rectangle, than it broke to the downside, a clear bearish signal.
- Semis is one of the hottest sector of the moment, as the chip demand increased heavily in the last two years.
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