The Nasdaq Close was based on closing price not intraday all-time highs. 

That close for the Nasdaq is a good thing for the bulls and the rest of the market, because the Nasdaq has been leading the way for the past few months. And by hitting new closing highs, it increases the odds that the Dow Jones Industrial Average, S&P 500, and Russell will soon follow suit as well. 

I took my gains in UPRO today which is the S&P 500 3x leverage ETF. I don’t personally like holding on to the 3x ETFs for a long time. I just wait for a solid bounce and then get out. I’m just not going to turn them into positions I hold for a long time. Instead, me and members of the Splash Zone got in on Monday at $91.94 with less than a 1% stop-loss (yes, you read that correctly!) and sold it at $96.56. No joke, that is a 6:1 return on the amount that we risked. That is a solid trade and you have to take that every time. 

But watch the Nasdaq tomorrow. It is setting up basically as a solid breakout candidate. Check out the chart below.