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NASDAQ Technical Outlook at 16670 Support
Hey Traders, in tomorrow's trading session, our focus is on NAS100, particularly around the 16670 zone. NASDAQ is currently in an uptrend but is undergoing a correction phase as it approaches the trend at 16670 support and resistance area.
From a technical perspective, traders should closely observe the price action around this level. Analyze key support and resistance zones, trendlines, and relevant indicators to gauge market sentiment and identify potential entry and exit points. Utilizing technical tools such as moving averages, RSI, and MACD can provide additional insights into the strength of the trend and potential reversals.
From a technical perspective, traders should closely observe the price action around this level. Analyze key support and resistance zones, trendlines, and relevant indicators to gauge market sentiment and identify potential entry and exit points. Utilizing technical tools such as moving averages, RSI, and MACD can provide additional insights into the strength of the trend and potential reversals.
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