US 100

US100 - Analysis of the beginning of the week

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The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel
If the index corrects towards the drawn demand zone, you can look for short-term buying positions in the Nasdaq index.
On the other hand, the index reaching the specified supply range, which is also at the intersection with the ceiling of the ascending channel, will provide us with suitable selling positions in terms of risk return.

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