Quotes NASDAQ 100 stock index trading at 5229. The index continues to move in the strong upward trend and currently quotes ready to test the upper boundary of the rising channel from which we can expect the correction in an attempt to support the area at the level of 5190.
NASDAQ 100 Forecast on February 14, 2017
In favor of NASDAQ quotations drop 100 performs the test resistance area on the indicator of relative strength.
However, this drop will not signal a reversal trend, but rather from the support level of the index quotes again continues to move upward.
NASDAQ 100 Forecast on February 14, 2017 suggests an attempt to increase the new local maximum, and at the time of the test the upper boundary of the channel is expected to attempt to reduce to 5190.
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