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US100 24/05/18 | EconAlerts

Technical Analysis – NASDAQ 100 index bullish outlook

NASDAQ 100 (US 100) index eyes 7,000 handles; bullish in long-term. The NASDAQ 100 index is moving marginally below the previous week’s high of 7,000. During yesterday’s session, the price rebounded on the middle Bollinger line (this being a 20-day simple moving average one) and is still developing well above the 50- and 200-day SMA, suggesting an extension of

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