US Nas 100
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NAS100 is Bullish

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Bulls are in control of the price action, as on macro level the trend is bullish, printing higher highs and higher lows. Price went down for a retracement and has once again respected the ascending trendline, moreover a bullish divergence also appeared on four hourly time frame, indicating strong grip of bulls. If previous lower high is broken then we can expect a bullish reversal to new high. Targets are mentioned on the chart.

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