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Vongani728
Feb 4, 2020 6:28 PM

Nas100 Bullish Channel Long

US 100 IndexFXCM

Description

We saw Nas100 break to all time highs today, bullish channel still respected. Likely to retrace one more time before reaching the top of the channel. 50EMA crossover to confirm retracement. Then we should be in for a Long.

Comment

Price never crossed 50EMA as it was just consolidating not retracing, top of channel reached.
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