Nasdaq to 10k soon?Since March, Nas100 almost doubled its value reaching a high of 12500.
Now this resistance is confirmed with a second drop from this zone and it can transform in a double top pattern if we'll have a break of support.
In my opinion, this will be the outcome for Nas100 and I will look to sell rallies.
Only a new all-time high will put a pause on this bearish outlook
Nas100idea
Nasdaq 100Nasdaq 100 - 4h analysis
Resistance Levels: 12041.1, 12260, 12463.1
Support Levels: 11776, 11442.2, 11200
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NAS100 - Short As we can see we are literalyl in a down trend.. based on the MA .. so my plan is to follow the trend ! You should always follow the trend.. so we are waiting for a pullback and then go back down again.. thats why we use the fibonacci tool.. to see where price can retest.. so we gotta be patient and wait + always follow the trend :)
UPDATE - NAS100 TP1 hitJust doing an update on my NAS100 trade idea. TP1 has been hit. Currently, the price is playing between the 13 and 50. 1H is bouncing off of an upward rally line and we are at equilibrium (doji-developing). I am still looking for price to push up to the highs seen last week before the market fell on Friday.
NAS100 WEEKLY FORECAST Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
NAS100 4H FORECAST GREAT OPPORTUNITY FOR BUYERSHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
NAS100 WEEKLY FORECAST Great Opprtunity For Sellers Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied