Hello Traders and Investors,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nas100💪
After the Nasdaq perfectly retested the monthly 0.618 fibonacci retracement level and also broke above a clear bearish trendline, we had a solid rally of roughly 20%.
Weekly market structure on Nas100 is pretty clear with the Nasdaq retesting previous weekly resistance which is now acting as resistance once again and with the Nasdaq being overextended there is a higher chance that we will see a short term correction.
The Nasdaq is also currently once again retesting daily resistance from which we already broke structure towards the downside so I simply do expect another bearish wave from here.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nas100💪
After the Nasdaq perfectly retested the monthly 0.618 fibonacci retracement level and also broke above a clear bearish trendline, we had a solid rally of roughly 20%.
Weekly market structure on Nas100 is pretty clear with the Nasdaq retesting previous weekly resistance which is now acting as resistance once again and with the Nasdaq being overextended there is a higher chance that we will see a short term correction.
The Nasdaq is also currently once again retesting daily resistance from which we already broke structure towards the downside so I simply do expect another bearish wave from here.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。