VasilyTrader

NASDAQ INDEX (US100): Bullish Rally Continues

Long
CAPITALCOM:US100   US 100

As I predicted earlier, US100 keeps growing.
Analyzing the index today, I spotted a strong
intraday bullish confirmation.

After a strong bullish impulse, the market started to correct
within a symmetrical triangle formation.

A breakout of the resistance of the triangle signifies that the
correction is over, and that the market returns to a bullish trend.

I think that the Index may reach 12285 level soon.

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