The channel has been respected since October 2019. If it still holds price likely to channel drop to support at around 9140. If the channel does not hold, price may soon reach 9500.
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.
