OANDA:NAS100USD   US Nas 100
Yesterdays analysis played out perfectly - textbook break of consolidation. Today price should pull back slightly and hopefully retest the consolidation box before heading down further. The driving force behind the current bearish momentum is concerns over inflation and proposed capital gains tax increase. NFP on Friday could bring about a reversal. Hoping to see price come down to the daily trendline to enter some long-term swing trades. If price breaks back into the consolidation box then it may continue up.

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