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Bullish hammer on Nasdaq
NASDAQ 100 E-mini Futures
Long
Bullish hammer on Nasdaq
By DCheethamCFA
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Sep 22, 2020
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Sep 22, 2020
After falling to its lowest level in almost 2 months the Nasdaq managed to bounce and print a bullish hammer on D1.
Longer term uptrend identified by D1 Ichimoku cloud remains in tact.
Market leaders Apple and Amazon also showed positive price action.
Entering long with SL at 10610, targeting a move back towards prior highs around 12450.
Technical Indicators
nasdaq
NQ
Trend Analysis
DCheethamCFA
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