NASDAQ 100 Rebounding Within Ascending Channel

16 Jan

The NAS100 is trading within an ascending channel and has recently rebounded from the lower boundary of the channel. The current structure suggests a potential move toward the $21,679.7 level, which aligns with a key resistance area near the midline of the channel.

If the price maintains momentum, this setup aligns with the idea of a trend continuation within the channel.

16 Jan

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22 Jan

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