KrunchieKilleen

NASDAQ 100: IS THE DOWN-TREND OVER?

FX:NAS100   US 100 Cash CFD
2
So, the graph has now hit the Trend (Resistance) Line. If it breaks through this line, I will conclude that the down-trend is over, and for the next while down-swings will bounce off the 5-year Support Line. The former height of 4710 could be achieved by July.

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