The Nasdaq continues to lead intraday in an otherwise flattish session. As you can see on the ETF for the Nazzy 100 below, a simply support trendline back to last Thursday has held true. I am focusing the rest of the session on whether these Nasdaq stocks can hold their gains.
Bull trends are known for their rotations in lieu of sharp price corrections. While a correction can come at any time, the technical evidence still points to working overbought conditions off through time rather than price.
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