NAS100 Is Very Bearish! Short!

2023年12月30日

Take a look at our analysis for NAS100.

Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is testing a major horizontal structure 16846.97.

Taking into consideration the structure & trend analysis, I believe that the market will reach 16604.39 level soon.

P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.

Like and subscribe and comment my ideas if you enjoy them!

2024年1月2日

註釋

Great beginning for a trade, let’s hope it goes further!