How much higher could the Nasdaq 100 climb?

The trend remains bullish above 21,920, and as the market approached the 20,000 mark this morning, buyers stepped in. The trend will remain upwards above 21,920, and the biggest concern now is that many traders are sitting on significant profits, and with the tax year nearing its end, they may need to close positions to cover taxes.

What’s your take? Will 21,920 hold and lead to a new all-time high before year-end, or is this the peak?


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Trend Analysis

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