BULLS ON NASDAQ CONTINUE

The NASDAQ has created a cone-like bullish channel.

The price has retraced at 0.618, making the target set at 0.618.

RED retrace = RED target

I foresee an inverse H&S pattern. My strategy is buy the NASDAQ once it breaks and retests the counter trendline.

My first TP point will be at the all time high of 12466.6. I will wait for a further break of this price before I buy to wards the FIB target of 0.618 (12911.9)
Chart PatternsTechnical IndicatorsNASNASDAQ 100 CFDUS NAS 100nasdaqnasdaq100nasdaqanalysisNASDAQ 100 CFDNASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESTrend Analysis

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