Nasdaq Making Advances, Up move With Caution

Nasdaq has attracted buyers taking the index above 15519.

A sustained move above 15525 is required for continuation of upside rally for Targets 15613 and 15745

Weakness may start below 15480 pushing the index to immediate support 15380

 

Failure to hold above 15380 may trigger a sell off exposing Nasdaq to 15200 and 15080

Buyers may step in on the first test of the value areas.