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NAS100 – approaching a price line that has been previously tested numerous times in the past

NAS100 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 41 days and may test it again within the next 8 days.

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We expect RTY to trend downwards today.

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