US 100 Index
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Short term short idea

Despite the fact it's not overbought and the MACD indicates a bullish signal, I think we have to close the gap before we can make some real jumps and reach for a new all time high. The point where it would close the gap is also a fibonacci retracement which makes sense.
Bearish PatternsChart PatternsnasdaqNASDAQ 100 CFDshortTrend Analysis

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