Quotes NASDAQ 100 stock index trading at 5329. The index tested the moving average with period 55 and were able to push that indicates a rising trend on the index.
Quotes are also repelled by the lower boundary of Bollinger Bands indicator strips, which also involves an attempt to increase from current levels already with the first goal in the near area above the level of 5360.
NASDAQ 100 Forecast on February 28, 2017
The breakdown of the upper limit of the bands indicator points to accelerate the development of an upward trend. Cancellation option stock is the NASDAQ 100 will drop and the sample area 5270 that will indicate the likely change in favor of a downward trend.
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