Morning chart- NASDAQ breaks out!

Gary Kwapik

By Gary Kwapik — Author

Hello Everyone,

The NASDAQ has a breakout to the upside in progress leading the markets to new highs.

15years later after the highs of 1999-2000 are we approaching that level again.

Techs along with the QQQ etf are also on the move.

Call debit spreads or longer term options could be utilized for trades here.

Relative strength vs the SPY is still trending above it's 50 ma.

Tickers: QQQ

Posted to Stock & Option Scout on Feb 17, 2015 — 8:02 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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