Fahad-Rafique

NAS100 is Bearish

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OANDA:NAS100USD   US Nas 100
It seems like NAS100 has defined its top and bears are now in control of the price action. A matured divergence on daily time frame is playing out as price not only broke previous higher low, but also made a couple of lower highs. According to Dow theory, this could potentially mark the beginning of a bearish rally and thus a bear market. Targets are mentioned on the chart.
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