Nasdaq Trend Validity After Pullback
Analyst's reasoning:NDX retains a long bias even after a deeper pullback, though subdued volume on larger time frames warrants close monitoring. Trend direction remains intact but volume confirmation is needed to validate continued upside.
Analyst's reasoning:NDX reached a much higher high and the segment is described as a “beautiful climb” where both major charts are going up. The main warning is that fast, high momentum moves can later pull back radically when liquidity/volume is weak.
Analyst's reasoning:NDX trades with notably higher volume on the two-day setup, and the speaker points to the down move gaining energy. Price action around the current push is also described as already switching over strongly, supporting continued downside risk.
- 5/29BULL
- 6/9BEAR