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Nasdaq Composite US stock market index forecast - updated for 05th February 2016, Friday.


Nasdaq Composite index witnessing selling pressure from its 38.2% fibonacci retracement resistance zone, technical indicates as long as it holds below bears will be favored and further weakness can be seen in coming days.

It index falls further then on down side will find support at its recent bottom as shown in above image.

Suggested reading - Visit link to see more US stock market tips and forecast.

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