US Nas 100
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NASDAQ to see a temporary move higher?

US100 - Intraday

Levels close to the 61.8% pullback level of 15365 found sellers.
There is no clear indication that the downward move is coming to an end.
A Fibonacci confluence area is located at 14546.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 14955, resulting in improved risk/reward.
The medium-term bias is neutral.

We look to Sell at 14955 (stop at 15055)

Our profit targets will be 14705 and 14655

Resistance: 14955 / 14995 / 15348
Support: 14636 / 14546 / 14445

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