We're seeing a strong buy signal in the Nasdaq 100 today. You can see the clear breakout of the downward channel in the chart below (far right candle). The last buy signal failed on March 11 but this one looks more robust. If #QQQ can reclaim the 50-day moving average and follow-through, game is officially on for an April rally. You can see the Q's fell through the 50-day in February ( orange line) which was a clear sell signal so this move higher is key!
Seeing another great technical breakout of Cleveland Cliffs. It was inevitable to see an explosive move out of that symmetrical triangle. Follow through is key to this one as well!
Disclosure: #CLF is a Stock PRO holding.