Is Nasdaq Set for a Pullback? | Fibonacci Resistance Zone ahead!
In this video I map out the idea of the Nasdaq being over extended and on route to approaching a key Fibonacci resistance level 27000 ,
This may set up a potential correction in the week ahead."
This is a counter-trend setup within a larger uptrend, so risk management is key. I'm not calling a top to the entire rally, but rather a healthy pullback to bring in new buyers."
I demonstrate how i see the price action moving forward over the course of the month ahead with valuable insights.
Tools used in this video Standard Fib , Fib Expansion, Fib extension + Anchored vwap and Volume profile and TPO chart
This may set up a potential correction in the week ahead."
This is a counter-trend setup within a larger uptrend, so risk management is key. I'm not calling a top to the entire rally, but rather a healthy pullback to bring in new buyers."
I demonstrate how i see the price action moving forward over the course of the month ahead with valuable insights.
Tools used in this video Standard Fib , Fib Expansion, Fib extension + Anchored vwap and Volume profile and TPO chart
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.