The quotes of NASDAQ 100 are traded at the level of 5433. At the moment there is a potential for continuing the growth of the index in the area above the level of 5500. In favor of continuing growth is the completion of the working off of the bull model of the Wolf wave.
Technical analysis and NASDAQ 100 Forecast on April 11, 2017
An additional signal will be a dense test of the ascending trend line on the indicator of relative strength. By canceling the option of continuing the growth of NASDAQ 100 quotes, the fall and breakdown of the lower border of the rising channel with the closing of quotes below the area of 5330.
Technical analysis and NASDAQ 100 Forecast on April 11, 2017 suggests an attempt to continue growth as part of the completion of the development of the bull model of the Wolf wave with potential purpose near the area of 5550.
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