US 100
Long

NASDAQ Rising on the 1day MA100 targeting 14000

Nasdaq/ US100 is rising after a rebound on the 1day MA100 and is approaching the 12750 Resistance.

The long term pattern that is being formed could possibly be a Channel Up.

We expect a +20% rise as the first bullish leg of this Channel. Target 14000 long term.



Previous chart:

NASDAQ 1day MA100 rebound. 12200 the upside target.


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Chart PatternsTechnical IndicatorsnasdaqNASDAQ 100 CFDNASDAQ 100 E-MINI FUTURESTrend Analysisus100

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