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There is a possibility of a big movement on NAS100 after a breach of the resistance

NAS100 has broken through a resistance line of a Rectangle and suggests a possible movement to 16710.9267 within the next 7 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 28 days.

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