Nas100 a drop to the downside from resistance is imminent

A drop to the downside for Nasdaq100 from resistance is imminent

🔍Technical expectations:
🔹Nas100 has approached the resistance of the rising channel.
🔹We can expect some more consolidation closer to the resistance.
🔹Fake breakout can be expected, but a health correction to the downside is necessary and more imminent, testing the September 2021 high at around 15700.00
🔹We will closely watch future development at 15700 if bulls will be able to protect this level, if that happens then price will continue to print new record highs.


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