FXbyTOBY

NAS100 - SHORT

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FX:NAS100   US 100 Cash CFD
Technicals indicate a drop has to be implemented before we'll see NAS reaching for the sky.

A beautiful rejection off the 61.8% was seen and I believe we'll see a further rejection off the 38.2% sparking the bearish engulfing - I see price rallying down to 15400, where I will be looking for buys.

I'm trading what I see and what I feel on this move - let's see how she plays out.

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