NAS100 Analysis
I would say its still consolidating between 11787 -11929. We can also see it struggling to break our strong middle trend line. So to go further up we need a break of the middle trend line and 11929 resistance. As for the bears a break at 11787 would take us back down to 11619 hitting our lower channel trend line.
There is also something very interesting happening in the lower TF- See the next post
I would say its still consolidating between 11787 -11929. We can also see it struggling to break our strong middle trend line. So to go further up we need a break of the middle trend line and 11929 resistance. As for the bears a break at 11787 would take us back down to 11619 hitting our lower channel trend line.
There is also something very interesting happening in the lower TF- See the next post
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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.