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maccabean
Oct 18, 2016 1:43 PM

NASDAQ100 potential support turned resistance 

US Nas 100OANDA

Description

Possible support line has now turned resistance.

The four hour chart indicates overbought levels perpendicular
Comments
Morpheuz
Time for a downtrend?
maccabean
It's coming, though to be honest, though there was a move down, it doesn't look very convincing. I'd wait until there is a few hours of downwards price movement to call it with certainty.
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