WikTrading

NASDAQ 100 Possible setup.

Long
FX:NAS100   US 100 Cash CFD
The bull run seems to be in control still. Nadaq loves to break and retest TL's and Patterns. I see the sell to retest the previous wedge at 8860 or maybe even a 4h wick support at 8800 area.
After that she should push up again completing the ABCD pattern if the trend continues and does not break down in to a bearish trend. Santa rally usually last longer than the beginning of JAN, so the trend should continue upwards keeping in mind NFP today.
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