US 100 Cash CFD
Short

NAS 100 LONG TERM VIEW

82
Since the all the time high the Nas 100 went down to 10431.8 from where it makes its way up to 15931.60, from where it has fallen to 14553.5 On three month time frame it seems that prices has hit its upward target of 15931.6, which was actually 15940 (according to Gann analysis). It seems now price is trying to go up to fill its price gap at 15711. Anyhow, its close below 14381.43 will open the way down to 13721.8, from where it can take bounce to test the SELL ZONE bottom (14381.43). A close below 13721.8 will take the price further down to WEAK BUY ZONE from where the price was jumped up after making its low to 10431.8 Any close below 10431.8 will ultimately lead us to SOLID BUY ZONE. That is a big zone. In that zone the interesting buy points are 9750, 8050 and 6833. Price may jump back to Test SELL ZONE from 11600 and 11035 and then fall back all the way down to SOLID BUY ZONE.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.