AlyaAkram

Nasdaq100 in the face of a major resistance

Long
AlyaAkram Mis à jour   
TVC:NDQ   US 100 Index
NASDAQ100 index is facing a strong resistance around 12,200 (represented in the 50-EMA) after rebounding from the broader weekly downward channel's lower boundary.

A confirmed breakout of the mentioned static resistance, will open the door for further +5.61% bounce (685 points) throughout the week to 12,885 level.
Commentaire:
The Nasdaq 100 index had strongly confirmed the breakout of the mentioned resistance 12,200.

Yesterday's close confirmed that the upcoming targets are valid on the short-term:
12,745
12,885
13,000

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