Forexintelligence_NA

Nas100 structure has changed it will be bearish and rise again

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FX:NAS100   US 100 Cash CFD
Traders, I just want to inform you that Nasdaq100 structure has changed and here is an update. At point X I expect it to fall to point A, the confluence zone respecting the falling channel. Point A will be a liquidity pool, because there the market will meet the diagonal support of the uptrend and the horizontal support. I expect more buying pressure at point A, pushing price higher at least to point B. At point B, we will examine the market more if it will make a new high or fall to point C.


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