Nasdaq moves above the 50-day moving average

Published May 4, 2025

There is a near-term uptrend that will meet major resistance near the 200-day moving average.

This is a 4-year weekly chart of the Nasdaq showing the breakout above the

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Technical Analysis is about trading with the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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