NASDAQ 100 Weekly Analysis! Bullish View on NASDAQ 100! NASDAQ 100 Expecting 14000 Level! NASDAQ 100 Moving as per Double Bottom Pattern Analysis!
NASDAQ 100 formed a Double Bottom Pattern after a decent downtrend. The index gave breakout to the neck level and did retest to it. After that index moving in upward direction. Now price is moving in a range like strong consolidation is happening inside this range. The RSI also in uptrend and taking nice support on the support trendline. As per Double Bottom Pattern Analysis, I have projected the target at 14027.85 level. Hope the index will touch 14000 level in upcoming weeks.
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Given a Breakout!
Trade closed: target reached
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NASDAQ 100 breaks 14000 level according to our analysis!