Nasdaq | Breaking to the UpsideNasdaq CashEIGHTCAP:NDQ100InvestoConsultingThe world woke up to a calmer mood today: oil and gas prices declined, while stock market indices surged. In a single day, the Nasdaq index broke out of its downward trend channel and moved back above both the 200-day and the 50-day moving averages. From a technical perspective, this is a particularly strong bullish signal. Based on the current geopolitical backdrop and the technical picture, I am optimistic overall. At the same time, market risks have not disappeared, so it is worth keeping in mind the lessons of the past year and more under the Trump administration: anything can still happen. This brings to mind a fitting quote from Oliver Cromwell: “Put your trust in God and keep your powder dry.” The index is currently about 5.5% below its all-time high. My sense is that it may close this gap soon.