After a quick sprint up, the Naz has been pulling in.
The weekly chart shows the Naz still above its 2+ year uptrendline. Until that line breaks it must be assumed the market is still in an uptrend.
Zooming in a bit, the Naz is threatening its 50 day ema. A close below would be a signal to sell. Good longer term support is at the lower blue line shown above. The indicators are a bit extended and may need a further pullback to reset.
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