NQ100 is still bullish




Discussions on Biden’s pending plan continues and US Congress will vote on Biden's spending & infrastructure bills today. Also, increasing demand is effective on the index considering that rate increase not the case after the FOMC meeintg. If the index stays above Fibonacci 61.8 percent expansion line indicating 16 200, it will follow 16 450 and target 16 570 indicated by Fibonacci 14.1 percent expansion line.