USATEC - NASDAQ (H4) - Downtrend Output The short term trend is - TopicsExpress

USATEC - NASDAQ (H4) - Downtrend Output The short term trend is neutral The medium-term trend is neutral The stochastic is over-sold The MACD is bullish Resistance level: 4274 pts After a downtrend defined by a downward sloping resistance, Mario Draghis speech caused a general rise in markets, which also benefited the NASDAQ. The resistance is broken up, the trend becomes bullish. Target: 4274 - 4333

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