US Nas 100Long
Nas100 analysis
Hi Guys,
Nasdaq is still in a very strong bullish trend which failed to break and we can see a continuation. My expectation now would be nasdaq will reach 15000 before going further to 15100. From there if price drops we may see a big drop, breaking through this current trend to the downside to 14050. So a long way down before price continues to go up. When this retracement will happen I dont know but keep a eye out for the break of the bullish trend as an indication. For now we will most likely carry on rising to at least 15100.
Nasdaq is still in a very strong bullish trend which failed to break and we can see a continuation. My expectation now would be nasdaq will reach 15000 before going further to 15100. From there if price drops we may see a big drop, breaking through this current trend to the downside to 14050. So a long way down before price continues to go up. When this retracement will happen I dont know but keep a eye out for the break of the bullish trend as an indication. For now we will most likely carry on rising to at least 15100.
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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.