We saw Nas100 break to all time highs today, bullish channel still respected. Likely to retrace one more time before reaching the top of the channel. 50EMA crossover to confirm retracement. Then we should be in for a Long.
Note
Price never crossed 50EMA as it was just consolidating not retracing, top of channel reached.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.