Panjang
Nasdaq 100: Near term forecast
Hi everyone,
Just to share my forecast for the Nasdaq 100 over the next couple of weeks.
Though I think there will be further lows in the mid-term, I expect a near-term bounce to around 11.8k (38% Fib retracement).
This is based on Elliot wave count wave ii of C, which I think is currently taking place.
Additionally the MACD appears oversold on the daily chart and 4hrs.
This analysis is void if we fall below the previous fractal at around 10.65k, before 11.8k is reached,
Good luck!
Just to share my forecast for the Nasdaq 100 over the next couple of weeks.
Though I think there will be further lows in the mid-term, I expect a near-term bounce to around 11.8k (38% Fib retracement).
This is based on Elliot wave count wave ii of C, which I think is currently taking place.
Additionally the MACD appears oversold on the daily chart and 4hrs.
This analysis is void if we fall below the previous fractal at around 10.65k, before 11.8k is reached,
Good luck!
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.