US Nas 100

NAS100 - NASDAQ - Are we able to Predict the News from Charts?

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NAS100 - NASDAQ - Has broken all-time highs. It have tested the $10,000 psychological level. We have been in a pullback but hitting support just before news comes out. After falling below $10,000 and retesting it from the bottom, the Market conveniently creates the first leg of a 'W' pattern at that support. The New York Open will be a gap down without news coming out prior to the open. That's what the charts are showing us. The break of $10,000 will be the Critical point when news hits. From there we can 'predict what will happen. Do you see more Bull times or the start of the Bear market when you look into your charts?

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