TaPlot

$NASDAQ 100 forming 1 month long #rectangle #ChartPattern $QQQ

CME_MINI:NQ1!   Futures NASDAQ 100 E-MINI
NASDAQ 100 has been in a clear sideways trading range all of July forming a 1 month long rectangle chart pattern. Seems that the all what we will be getting tomorrow is test of upper rectangle boundary also known as Resistance. Don't expect any fire works and resumption of the uptrend until that line is broken decisively to the upside.
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