NAS100 is approaching the 0.786 trend line of the Fib Speed Resistance Fan. If it is gonna head upwards in this week, the time is soon. I still believe NAS has at least 1 more move to the upside to 15 233 minimum. A clear break of this fib trend line would spell a bearish bias.
There is also confluence on a trend line I've drawn and the support zone.
Remember, to trade the probabilities and not the market.
Please leave feedback and stay profitable!
There is also confluence on a trend line I've drawn and the support zone.
Remember, to trade the probabilities and not the market.
Please leave feedback and stay profitable!