NASDAQ Channel Up is 'good until it's not'.US Tech 100TRADENATION:USTECTradingShotLast week (April 20, see chart below), we took a short-term approach on Nasdaq (NDX) as it opened with the same gap down as the week before it (April 13): This pattern is 'good until it's not'. In simple words, as long as the Channel Up holds and the 4H MA50 (blue trend-line) supports, the price should keep rising slowly on a short-term scale. As again we opened the week on a (small this time) drop, we can see the price targeting 27800. If the 4H MA50 breaks, we expect a strong accelerated correction, targeting the 4H MA200 (orange trend-line) around 25200. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇