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NEW IIDEA FOR NASDAQ-100

An increase in risk tolerance leads to the rise of stock indices

The Nasdaq-100 index has broken the ceiling of the first upward channel in the one-hour time frame and now due to the increase in the moving averages of the Alligator indicator, there is a possibility of a price increase.
In general, this scenario is strengthened that the Nasdaq-100 index, on the condition of maintaining and not recording any one-hour close candle time below the important support interval in the range of 20115-2016, can reach the resistance of the ceiling of the second ascending channel in the range of 20572 , increase.
nasdaqTrend Analysis

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