Nasdaq 100 Index (USTec)

Price came back to the breakout line yesterday and today, price managed to stay above that support line. While Stochastic looks like moving lower, MACD is bullish and there could be a bullish crossover between the MACD line and the Signal line. This could be a good sign. If price is able to stay above this support line, it can test the high at 7870 again.

Look to buy at 7630 with stop below 7540 for a test of 7870 again.

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