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Trading point : Nasdaq 100 PDF Print E-mail
Written by Anaphrais   
Wednesday, 28 December 2005

Hello,

This is the first news for this new site. It's a simple test and the fabulous tools whitch we will place at your disposal are not yet available.

Nasdaq 100 future is actually in a range zone after a splendid bull chanel (see the graphe bellow) .

 It seems to be a Head and Shoulder but it's not our bearish motivation.
Because the Nasdaq is the most bearish market for the moment, this zone is an excellent short entrance point for a profitable trade with low risk.

 

Nasdaq 100 trading point

 

 

Nasdaq 100 long trade entrance

 

The prime objective of the trade would be 1655. The stop loss woud be just over EMA150 (60mn).

For early 2006 and if you think the global marcket turn to bearish trend, we think you can take half profit on the prime objective and stay shrt sinc the red line is not broken.

Trade objective Nasdaq 100

 

But to pass this red line would open the way with a new bull chanel.

This is our vision of the stockmarket : yours can be different.

 

 

 
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