NAS has been very choppy this week and hasn't made any notable moves. Hopefully we get more momentum today with jobless claims news later on. As we can see here NAS has been consolidating between 13750 - 13640. If we see a W formation form then we should see price retest the top of the consolidation with a potential break above for more upside. A break out of the consolidation box below should give the bears control and I would expect price to come down more.
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