Long
Nasdaq could rise to 11500
Friday, Nas100, nicely reversed from important horizontal support from 10600 zone, leaving a bullish engulfing on our daily chart.
Also, the price action since late December is drawing a double bottom with confirmation above 11100.
If we have this confirmation, the technology index could continue its rise to 11500 zone resistance.
Buying dips against support could be a good strategy.
Also, the price action since late December is drawing a double bottom with confirmation above 11100.
If we have this confirmation, the technology index could continue its rise to 11500 zone resistance.
Buying dips against support could be a good strategy.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.