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10/31/2014 3:03:02 AM

Nasdaq - Technical Analysis: Friday, 31/10/2014 07:03 GMT



The main correctional targets was achieved at 61.8% Fibonacci level followed by strong bullish rebound that supports stopping this correction then turning back to the main bullish trend.

Good positive support from the exponential moving average 50, and we are waiting a weekly close above 4118.00 to confirm more positivity.


Target
Risk


Support
Resistance


Trend Bullish

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