QQQ has broken out above the recent trading range / key 325ish resistance: Bullish until & unless this breakout fails.

QQQ daily April 5th

QQQ daily April 5th

Likewise, we also have an impulsive breakout above the key resistance zone on /NQ so far today which is also bullish until & unless this breakout fails. 60-minute chart below.

NQ 60m April 5th

NQ 60m April 5th

Both GOOG & MSFT, two of the top-weighted components of the Nasdaq 100 have also broken out above the recent trading range & are trading at new all-time highs. Again, clearly bullish technical events until & unless these breakouts fail.

GOOG daily April 5th

GOOG daily April 5th

MSFT daily April 5th

MSFT daily April 5th

/SB (sugar futures) as well as the ETFs SGG & CANE, continue to offer an objective long entry off the 0.1463-0.1472 support zone with the next objective entry on a solid break and/or 60-minute close above the bullish falling wedge pattern.

SB 60m April 5th

SB 60m April 5th

/NG (natural gas) broke below the uptrend line (sell signal #1) & is now testing the 2.526 support (sell signal #2, if solidly taken out).

NG 60m April 8th

NG 60m April 8th