US Nas 100

Nasdaq Analysis

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Currently the market is at the bottom of this little trend. If it breaks down we can see price come down to 12780-12680. If the pice does bounce from this trend then it will go to 13000-13084 (which is likely as it looks like a retracement and the bulls will continue. There has been a lot of long wicks recently with lots of fake breaks. Market is very unsteady and choppy so do be careful.

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