Nasdaq 100 IndexUpdated Nasdaq: long term bullish
Sharing monthly Nasdaq levels of interest using Fib retracement tool. From 2003 low/2007 high/2009 low.
See how the market respects every fib level. How it misses a response at the 6.618 in 2020 to come back to it in 2020.
If $16895 isn't hit soon, $12471 will be next
See how the market respects every fib level. How it misses a response at the 6.618 in 2020 to come back to it in 2020.
If $16895 isn't hit soon, $12471 will be next
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Staying with this crazy trend, $18098 s/b within the next 2-3 months. If so, and we get there without an corrective candles on the monthly, I'd suspect a few months corrective between $18098 and $16000, until a new high $19630 by end of 2nd quarter. This is a absolute bullish case, let's wait and see how bullish this market is.
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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.