The NASDAQ gapped up on the open and rallied on strong volume for most of the morning. All tech sectors participated in the rally. We are closing in on pivot resistance around 2460, followed by bearish gap resistance near 2470. I'm watching the ADX closely as we approach a potential crossover. Despite the good trading session, I'm not sure if there was a lot of new money being put to work today as the overall volume was up but not out of the ordinary.Economic Calendar: Factory Orders and ISM Services at 10:00; and Crude inventories at 10:30.
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