#Nasdaq 100 (US-Tech) looks extremely bearish in the weekly chart.
#MACD is crossing down, as it did August 2023, Vortex indicator also is on a decline since January 22, 2024.
Fibonacci retracement 0.786 would be -9.31% = 16907
Candle patterns look like December 2022 with a lot of coiling going on but much less volatile as back then.
#MACD is crossing down, as it did August 2023, Vortex indicator also is on a decline since January 22, 2024.
Fibonacci retracement 0.786 would be -9.31% = 16907
Candle patterns look like December 2022 with a lot of coiling going on but much less volatile as back then.
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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.