Price is currently at the highest resistance NAS100 ever reached in its lifetime and failed to break, the last time it tested the resistance it dropped dismally confirming it’s a very strong resistance. There’s also a dynamic resistance supported by the trend line in green which was a support zone prior. Im very confident the resistance won’t break, if it were to ever break it’ll need a strong pull back which will definitely suppress TP1
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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.