{"id":13603,"date":"2023-05-02T10:41:28","date_gmt":"2023-05-02T10:41:28","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13603"},"modified":"2023-05-22T10:43:44","modified_gmt":"2023-05-22T10:43:44","slug":"nasdaq-bullish-within-a-double-channel-up","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/05\/02\/nasdaq-bullish-within-a-double-channel-up\/","title":{"rendered":"NASDAQ Bullish within a Double Channel Up"},"content":{"rendered":"<p>Nasdaq (NDX) has gone a long way since we called for a rebound on the 1D MA200 on March 17:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"NASDAQ flipped the Bear Cycle and the 1D MA200 is now supporting\" href=\"https:\/\/www.tradingview.com\/chart\/US100\/x7Ji8sWO-NASDAQ-flipped-the-Bear-Cycle-and-the-1D-MA200-is-now-supporting\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/x\/x7Ji8sWO_big.png\" alt=\"NASDAQ flipped the Bear Cycle and the 1D MA200 is now supporting\" \/><\/a><\/div>\n<p>Right now the uptrend has slowed down as the Channel Up that started in December has transitioned into a much less aggressive Channel Up, supported by the 1D MA50 (blue trend-line) that is targeting 13500 as part of its Higher Highs process. The 1D RSI which is trading within a Triangle of Higher Lows and Lower Highs can be a guide for buy and sell entries.<\/p>\n<p>If the price breaks above the February 02 Higher Highs, we will increase our buy exposure and target the 13730 Resistance (August 16 2022 High).<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/US100\/UTXhjc1h-NASDAQ-Bullish-within-a-Double-Channel-Up\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/US100\/UTXhjc1h-NASDAQ-Bullish-within-a-Double-Channel-Up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq (NDX) has gone a long way since we called for a rebound on the 1D MA200 on March 17: Right now the uptrend has slowed down as the Channel Up that started in December has transitioned into a much less aggressive Channel Up, supported by the 1D MA50 (blue trend-line) that is targeting 13500<\/p>\n","protected":false},"author":611,"featured_media":13604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-13603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=13603"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13603\/revisions"}],"predecessor-version":[{"id":13606,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13603\/revisions\/13606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13604"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}