After 50 % up move nasdaq is showing some fatigue. No index stock make o e side up m94ve or Down move it always retrace after 25% or 50 %. Nasdaq is showing signs of retracement.
1 distance b/w 20 and 50 Denma is 1000.
2 Nasdaq had broken 1st support line.
3 Nasdaq is half way to 0.218 retracement level which is @4197.
So 4197 is imminent.
1 distance b/w 20 and 50 Denma is 1000.
2 Nasdaq had broken 1st support line.
3 Nasdaq is half way to 0.218 retracement level which is @4197.
So 4197 is imminent.