After the low made in June, Nas100 changed its trajectory and started to rise. Last week the index managed to conquer 13k resistance and yesterday's reversal from this zone proved that bulls are strong at this level.
With the falling trend line broken and strong horizontal support we can expect continuation to the upside in the medium term and 15k can be the swing trader's target.
I'm bullish as long as 13k is intact.
My Previous Nas100 analysis:
https://tradingview.sweetlogin.com/chart/NAS100/g6n60Zju-Is-Nasdaq-forming-a-measured-move-Target-above-20k/
With the falling trend line broken and strong horizontal support we can expect continuation to the upside in the medium term and 15k can be the swing trader's target.
I'm bullish as long as 13k is intact.
My Previous Nas100 analysis:
https://tradingview.sweetlogin.com/chart/NAS100/g6n60Zju-Is-Nasdaq-forming-a-measured-move-Target-above-20k/
📈 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.