NASDAQ 100 Rally Despite China Woes and Auto Weakness?
The NASDAQ 100 (cash chart) could bounce up from the 61.8 Fibonacci retracement (daily chart).
In this case, a rise of 5-10+ % could be possible.
In the chart, Fibonacci retracement levels have been plotted from the Covid low in March 2020 to the all-time high in November 2021.
This is just an idea. Do not trade it! Do your own research and make your own decisions. You are solely responsible for your trades.
In this case, a rise of 5-10+ % could be possible.
In the chart, Fibonacci retracement levels have been plotted from the Covid low in March 2020 to the all-time high in November 2021.
This is just an idea. Do not trade it! Do your own research and make your own decisions. You are solely responsible for your trades.