Since 15 May, the Cash100 has been trading within an upward channel.
It’s now approaching diagonal resistance — will it hold, or break higher?
On the chart, I have marked every time NAS has tested the diagonal resistance and failed to break through.
I’ll be watching this area closely for shorts.
What do you think: will NAS continue climbing, or is a reversal coming?
It’s now approaching diagonal resistance — will it hold, or break higher?
On the chart, I have marked every time NAS has tested the diagonal resistance and failed to break through.
I’ll be watching this area closely for shorts.
What do you think: will NAS continue climbing, or is a reversal coming?
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Disclaimer
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.