The NASDAQ (US100) continues to display strong bullish momentum, having recently broken above its previous higher high. The price has since retraced to test this level as support, aligning with the structure of a proposed ascending channel. With no bearish signals currently evident, the index shows potential to establish a new high.
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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.