skypointmarkets

NAS100 ANALYSIS UPDATE

Short
OANDA:NAS100USD   US Nas 100
My analysis from yesterday still stands. Price bounced off of support at 13670 twice. It may test this level again and then break below to 13530, or continue to 13800 as expected followed by a bearish move lower. I'll be eyeing out a short position with confirmation if we reach the 13800-13830 area (or if price breaks and closes below 13670) during the NY session.

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