Analyzing the one-day chart, the NAS100 appears to have formed a downward channel. The maximum point reached in this channel was on December 28, 2021. On March 29, 2022 we reached the maximum correction of 0.618 on the Fibonacci, after which the chart continued its decline which seems to be unfinished. We have a first resistance at the price of 13018 approximately, following 12530 approximately.
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.