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prediction for the tech 100 next week?

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Hi @Pipdelmontblanc


The Nasdaq 100 is treading water and doing so at much lower relative levels than the S&P 500 and Dow. Look for the NDX to be a leader on the downside. Short-term levels to watch are 13882 and 14307 on the top-side. It may not take long to revisit the March lows at 13020.


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Nasdaq 100 Chart by TradingView


Written by Paul Robinson, Market Analyst. DailyFX

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I'm long on the Nasdaq. The rise from 15th to 29th March has been followed by a 61.8% retracement, a level that has held for about a week. Stochastics are over sold. If the Fib level breaks (13820) then all bets are off. Literally!


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