NUS 100 Cash CFD NAS100 is rising towards the resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 19,386.01 Why we like it: There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement.
Stop loss: 19,933.64 Why we like it: There is a pullback resistance level.
Take profit: 18,721.37 Why we like it: There is a pullback support level which is slightly above the 50% Fibonacci retracment