TheCryptagon

NASDAQ The All Time High is the only target left now.

Long
CAPITALCOM:US100   US 100
Nasdaq / US100 continues to trade inside a Channel Up pattern in the last 6 months.

The price is now comfortably above Resistance A and the only Resistance level that's left to challenge the trend is the All Time High at 16790.

The last two rallies achieved runs of 13.40%-13.80%.

As long as the 1day MA50 supports, keep buying, since also the 1day RSI is supported by a Rising trendline.

Target 16700.

Previous chart:


Follow us, like the idea and leave a comment below!!

TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!

🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰

TELEGRAM: t.me/thecryptagon
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.