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Breach of 16594.5000 could mean a start of a bearish trend on NAS100

NAS100 has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 22 days and suggests a possible target level to be around 16390.6504 within the next 4 days.

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