US Tech 100 Index – resistance line breached

US Tech 100 Index has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 5 days and suggests a possible target level to be around 12362.0149 within the next 2 days.

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