Seeking Alpha
Registered investment advisor, macro, ETF investing
Profile| Send Message|
( followers)  

After closing marginally above its 200-day moving average on Friday, the Nasdaq is building on those gains and is now comfortably above that level in early trading. Now, if the index can break above its highs from early June, the recent double bottom will start to look a lot more promising.

click to enlarge

Source: Nasdaq Above 200-DMA