TradingShot

NASDAQ 4H Golden Cross aims at 16300 long-term

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CURRENCYCOM:US100   US 100
My most recent Nasdaq post was a buy signal on the 1D MA50:


Currently we have a buy continuation signal for the long-term towards the 1.5 Fibonacci extension (16300) with a potential short-term pull-back to add more longs on the 0.5 Fib retracement or the 1D MA100 (red trend-line). This is based on the May - June fractal whose pattern is so far following in great detail the current price action.


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