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NAS100 – breach of price line thats been previously tested numerous times before

NAS100 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 10 days and suggests a target line to be around 10306.2002 within the next 2 days.

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After testing 175.2813 numerous times, US Treasury Bond SEPTEMBER 2020 is once again approaching this price point. Can we expect a bearish trend to follow?

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