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akhena10fx
Jan 17, 2021 8:09 PM

Nas100 in rising channel. Bullish.  

US 100 IndexFXCM

Description


Nasdaq's daily outlook is pretty straightfoward.

Currently trading in an ascending channel. Watch for the bottom bound of channel for reversal patterns for a long.

Watch for a breakout of the bottom bound, as well as a daily candle close outside of the bottom bound. At this point analysis turns bearish. with reversal targets at previous resistance levels.

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