NAS100 is trading close to a pullback support and could potentially bounce off this level to rise towards our take profit target.
Entry: 16,761.10 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 16,700.00 Why we like it: There is a level that sits under a pullback support and the 61.8% Fibonacci retracement level
Take Profit: 16,909.50 Why we like it: There is a pullback resistance level
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