Friday at a glance: bullish sentiment helped the Nasdaq to push 221.91 points higher, reaching session highs around 12,228, before consolidating until close. Ultimately, the Nasdaq closed Friday at 12,222.
Nasdaq has just crossed its upper Bollinger Band® at 12,132, suggesting further gains could be on the cards.
Overall, looking at the technical analysis landscape, it seems the Nasdaq might continue pointing upwards in the short term.
Other markets are also showing gains as Dow Jones went up by 1.26% Friday, and closed at 33,274. S&P 500 went up by 1.44% Friday, and closed at 4,109.31. ASX 200 added 0.78% and closed around 7,122.3 Friday.