US Nas 100

NAS100 Moving As Expected

As expected NAS100 continued it's downward momentum to register the new lows on the H2 - H5 timeframes and as such it is becoming clearer that my next move should be a buy once I get a LL confirmation on the H1.

Also today's move completed my original fibs that started with the HH (100%) on Friday to the Low (0%) on Friday which saw the first retracement coming back to the 61% for a LH before dipping below the 0% and just shy of the -27% with a LL and a perfect buy opportunity back to the high at 61%

From the High at the 61% it went all the way to finish the Fibs today @ -61.8%...

I am still waiting on my next setup before taking a buy and for the move to be completed after this current retracement to a LH and then back for a LL.

If I do not get what I am looking for then, I will just keep waiting...there will always be moves.

snapshot

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