The breakout of NAS100 through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of NAS100 to test 7542.1573 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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ASX 200 has moved higher by 12.56% from 7165.3 to 8065.6 in the last 25 days.
After testing the resistance line numerous times, NAS 100 is once again approaching this line. Can we expect a bullish trend to follow?
NAS 100 is heading towards the resistance line of a Channel Up. If this movement continues, the price…
NAS 100 is approaching 19358.1250. We expect either a breakout through this line, or a rebound.
The movement of NAS 100 towards 19358.1250 price line is yet another test of the line it reached…