Futuros NASDAQ 100 E-mini

Bull trend continues, but rich readings as in 2014

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The ADX reading on monthly charts shows that the bullish trend is likely to peak soon because readings are similar to those that occurred in 2014/15. Signs of a peak are forming, although confirmation of a shift is needed. Confirmation would occur with more significant activity below the 10-month average, green line. Key supports are Fibonacci retracements. Resistance is best at Fibonacci extensions.

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