Indeks 100 Nasdaq
Panjang

NASDAQ Ultimate Support test on the 1week MA50.

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Nasdaq / US100 is trading inside a Channel Up since the start of this Bull Cycle after the late 2022 bottom.

The price is about to test the 1week MA50, which is the ultimate Support of this bullish trend and has been holding since March 13 2023 (almost 2 years).

It is important for the index to keep a weekly closing over it. If it does we will have the most optimal buy entry case.

The previous two bullish waves interestingly enough both increased by +49.55%.

Buy and target 25500.

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