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US Nas 100

nasdaq 100 analysis

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Hi Guys, We have had big drop on nasdaq and I would expect the price to carry on dropping. This bearish move may carry on all the way to 13800 area before climbing back up. It is a retracement that was excepted for a while. In the meantime we will get pullback with opportunities for entry. However if the daily does close back in the channel things may change a lot. we may see more bulls before we see this retracement.
Tradeofgrey
Chart PatternsTechnical IndicatorsNASNASDAQ 100 CFDUS NAS 100nasdaqnasdaq100NASDAQ 100 CFDWave Analysis

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Chart PatternsTechnical IndicatorsNASNASDAQ 100 CFDUS NAS 100nasdaqnasdaq100NASDAQ 100 CFDWave Analysis
Tradeofgrey

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.