NAS100 is showing exhaustion in its current bullish trend around 15.9k area high. Potential target for retracement is 15.2k as an area of support. There's also a possibility for it to go a bit steeper than that, depending on how some major fundamentals take place in the market such as feds tapering of asset purchases
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.