The Nasdaq Soared on Wednesday. This Chart Shows What Comes Next...

Are we going up or down after a dead cat bounce?
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Published: April 1, 2021

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The Nasdaq Is Soaring. This Chart Shows What Comes Next...


Each passing day, it looks more and more as though a bullish move is setting up for the Nasdaq 100.


Wednesday, the last day of both the month and quarter, was another bullish day for the market, with the Nasdaq closing up 1.54%. 


But this all comes on the heels of a steep, major correction that saw major selling in big names like Tesla and Apple. So let's see what the technical analysis tells us to expect next.

Was Wednesday's Move a Dead Cat Bounce?

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