Long
NAS100 BUY SETUP

Reverse Head and shoulder formation at 12950.00. After the bullish run for the past three weeks, price retraced back to 13855.0 price level and at the same time making a 38.2% fib retracement at that same level. So my anticipation will be that price is likely to continue it's bullish movement from next week. Expecting price to reach the previous all time high at 16958.00
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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.