Greetins TradingView!
This is my projection for NAS100 Index from close of market today all the way into Tuesday next week.
Description:
It's been stop hunting once already today, now I think NAS has finally found support 8676 - 8727, with a little bit of a secondary support under 8590 - 8506.
With all the news flooding in, Trump giving all-clear to state governors the ability to choose whether to reopen certain states, along with the federal reserve reducing purchase volume of treasury bonds from $30 bill to $15 bill and the technicals... We should definitely be seeing better weeks ahead.
Confirmations:
+ Great news from fundamentals
+ Technical Analysis
+ Index P/L
+ Coronavirus News
+ DOW/S&P News
+ Other factors
Everyone stay safe, have a great weekend and will see you all Sunday when I post market open analysis.
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