Moving average confluence on the Nasdaq

The Nasdaq has closed the week to the upside and is keeping a very good rally from almost two weeks ago. However, the 55 day and the 200 day exponential moving averages have been practically on the same level since the beginning of the week, around the 4327 area, which is an indication that the index may try to go into a consolidation. But if the index continues going higher, then its latest high around the 4442 could act as resistance. To the downside, there are no important support levels on the daily chart for the Nasdaq until the low at the 4041 level.