Nasdaq will breakout or breakdown ?

Miguel007 said: "Next week will be the key week for Nasdaq, because important macro economic news as GDP will be reported and could give us the right direction of this market. According to chart , Nasdaq is trading in a short term downtrend channel, that could be break soon, so next will be very important for the markets. U.S Economic Calendar for next week Monday - New home sales Tuesday - Gross Domestic Product (GDP) ; Consumer confidence ; NAPM - Chicago Wednesday - Personal Income ; Construction Spending ; ISM Mfg Index Thursday - Jobless Claims Friday - ISM Non-Mfg Index ; Consumer confidence"

HappyHarry said: "I'm not that bullish this week. And you?"

Miguel007 said: "I'm Bearish, but wait and see to increase my bearish position. Regards, MIGUEL"