KrunchieKilleen
Long

NASDAQ BOTTOM FORMED

FX:NAS100   NASDAQ 100 Index
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This could be the bottom of the current downtrend. The graph dipped momentarily to 4000; but the realistic bottom was 4100. Next resistance point around 4400. Looks like January will finish lower than it started: signalling an overall Bear Market for the year. Then I will expect the downtrend to resume when the graph hits Resistance Line R.
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