Nasdaq traded sideways on Tuesday, consolidating prior to clearly break out above prior swing high, currently displaying a bullish "CUP" and handle pattern on the 60-minute chart.
- As long as it can stay above key level, 2535, the Cup pattern is still intact, a trending breakout is imminent, targeting 2590 - 2600.
- Breaking below 2535 implies more consolidation.
Massive Money Printing to bail out banks and countries is now imminent as banks and countries in Europe gets closer and closer to a total collapse.
Money Printing To The Max
