NASDAQ ALL TIME HIGH
16 days until the elections and the bullish momentum on NASDAQ keeps on climbing. 15 more Daily candles is more than enough to reach and break NASDAQ's all time high, to cerate a new all time high.
FIB level shows retracement at 0.5 which sets my target to 0.618.
RED retrace = RED target
I'll be looking for buy opportunities on the H1 timeframe towards the all time high (12466.6) as my TP.
I will only be looking to buy towards the 0.618 target after a clear break and retest of the all time high (12466.6).
FIB level shows retracement at 0.5 which sets my target to 0.618.
RED retrace = RED target
I'll be looking for buy opportunities on the H1 timeframe towards the all time high (12466.6) as my TP.
I will only be looking to buy towards the 0.618 target after a clear break and retest of the all time high (12466.6).
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.