Nasdaq (NDX) rebounded on Friday after marginally breaching below its 1D MA100 (green trend-line) for the first time since May 09! The continuation today is a sign of a potentially strong rebound, the traditional end-of-year rally that is know as 'Santa's rally'.
Based on the 2021 Bull Cycle, which after touching its own 1D MA100 it started a final rally that almost tested its ATH Resistance, we can expect Nasdaq to now rise towards the end of the year to potentially 26000.
Could this be the last rally before a new Bear Cycle in 2026?
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Based on the 2021 Bull Cycle, which after touching its own 1D MA100 it started a final rally that almost tested its ATH Resistance, we can expect Nasdaq to now rise towards the end of the year to potentially 26000.
Could this be the last rally before a new Bear Cycle in 2026?
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices, Commodities on PrimeXBT— all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。