We are now expecting the Nasdaq to trade higher than and directly surge past the resistance at 16768 points. The bullish behavior is a clear indicator that the course does not want to fall all the way down back to 15295 point. This, however, remains a viable option within the frame of the alternative scenario which receives a probability of 40%.

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Chart PatternsTechnical IndicatorsNASDAQ 100 CFDnasdaqnasdaq100NQnq!NASDAQ 100 E-MINI FUTURESnq100nqfuturesWave Analysis

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