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NAS100 is quickly approaching 7994.7500. We expect either a breakout through this line, or a rebound.

NAS100 is heading towards a line of 7994.7500. If this movement continues, we expect the price of NAS100 to test 7994.7500 within the next 8 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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