The performance of the Nasdaq this week was awesome. From Tuesday's low to today's close, the Nasdaq added 116 points. From the P&F chart above, I noted that the rally is expected to reach 2510 up from 2410 estimated earlier this week. From the current level of 2305, that gives us another 200 points. Expect a pullback or at least some consolidation as the market probably needs to pause after such a great run.
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