Nasdaq Breakout as Life Returns To Markets
After days when things were very quiet for the market it looks like the Nasdaq has finally come to life. The Nasdaq hasn't quite closed at a new all-time high but it has managed to clear the small handle it was shaping just below resistance. Technicals are positive, even as relative performance drifts lower. This might be the cue to kick the next major rally and end the 4-moth consolidation.