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NAS100 – breach of a trending resistance line that has been tested at least twice before.

NAS100 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 7 days and suggests a possible target level to be around 14980.9005 within the next 2 days.

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We expect a $670.982 movement on CT within 48 hours following the event release at 08 Feb 23:30.

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