Nasdaq 100 Still Holding On Its Breakout Support May 8, 2015

Breakout play mentioned last month is still in effect.

I updated the chart here with 2 yellow blocks highlighting the interesting fact that the first pullback took 2 months to complete. And now, although the breakout happened early, it was unstable until the 2 months mark has passed.

To learn how to read charts properly, check out my online series, Art of Chart Reading.

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