US 100 Index

MOST CRUCIAL POINT OF NASDAQS HISTORY

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Price is currently flirting with the resistance point. If it fails to break through this point and develop a new support point, we could very well see a full retracement back down to $2700. However, if price breaks through this point and develops a support point, we will be on the way to making new highs up to the next resistance point at the $300,000 point. At this point, I'm neutral.

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