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Short

Nasdaq 100 Index at key Fibonacci levels, correction expected

FX:NAS100   NASDAQ 100 index of US listed shares
The Nasdaq 100 Index             has reached important Fibonacci levels. We believe it's up wave (3) has been completed and a corrective wave (4) is under way with a target towards the 3600 area. Only a new weekly close higher would invalidate this bearish scenario.
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