#nazdaq #NasUS100 #US #Stock
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In continuation of our previous analysis on the NASDAQ index, it's important to note a strong resistance zone between $18,000 and $18,100. This range has historically acted as a significant barrier to further upside movement. Furthermore, the chart pattern currently resembles a wolf wave, which is typically considered a bearish pattern. Traders should exercise caution around this resistance zone and be prepared for potential downside movement in the near term.
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