Monday, 18 April 2016

NASDAQ 100 futures gap lower from key resistance to start week, rolling over?

Daily chart shows the NASDAQ 100 gapped lower to start the week, following last week's test of key trend line resistance. Charts include all sessions trade.

Hourly shows that the market rallied to fill the gap plus retest the neckline of the Head and Shoulders top, and now appear to be rolling over lower from short term trend line resistance.

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