US 100Long
NASDAQ Is starting the final bullish wave to the All Time High.
Nasdaq / US100 continues to trade inside the Channel Up pattern of the last 6 months.
The price is staging a rebound just over the 15280 former Resistance and if it holds, that will be the final phase of the bullish leg that aims at a new Higher High of the Channel Up and will inevitably challenge the All Time High at 16790.
The last two rallies achieved runs of 13.40%-13.80%.
As long as the 1day MA50 supports, which is now exactly at the bottom of the Channel Up, keep buying and target 16700.
Another strong buy indication is the 1day RSI hitting (and holding) the Rising Support.
Previous chart:
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The price is staging a rebound just over the 15280 former Resistance and if it holds, that will be the final phase of the bullish leg that aims at a new Higher High of the Channel Up and will inevitably challenge the All Time High at 16790.
The last two rallies achieved runs of 13.40%-13.80%.
As long as the 1day MA50 supports, which is now exactly at the bottom of the Channel Up, keep buying and target 16700.
Another strong buy indication is the 1day RSI hitting (and holding) the Rising Support.
Previous chart:
Follow us, like the idea and leave a comment below!!
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