After a disastrous Monday, the Santa rally resumed during the wee hours Tuesday morning and produced a major rip higher for the stock indices. The NASDAQ being the star performer with a lot of traders cheering on but may now be asking what comes next as the NASDAQ closed on Tuesday up against its 6-month downtrend line.
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Will this be a triple top at a 6-month downtrend line or does the Fed have something else in mind?
Trade well my friends