Monday will be interesting
We would almost forget, but some times a market needs a little bit retracement.
The Nasdaq did retrace the week and the attempt to get back up stopped around the 76% fib retracement level.
The week ended just above the low level and the beginning of next week could be interesting.
If the low breaks, a further retracement is a likely scenario.
The Nasdaq did retrace the week and the attempt to get back up stopped around the 76% fib retracement level.
The week ended just above the low level and the beginning of next week could be interesting.
If the low breaks, a further retracement is a likely scenario.
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.