elmakacho

Nas100 Analysis. Will it continue fall?

Short
elmakacho Updated   
PEPPERSTONE:NAS100   US 100 Cash CFD
Hello Everyone i want share my idea about Nas100.

In my last idea my price prediction was short ( i will link that in this post) the reason was it touch to 2022 weekly resistance which was pretty strong then retest is and broke daily support 1. Overall to nas100 i am looking bullish but at high timeframe, but at the moment what we have is a new low of trend which i think continue fall but i will try to find open long position from daily support 2, if it will brake then we have more strong support area which is weekly trendline, weekly Fibonacci and Daily support 3.

At the moment my price prediction still short and i will try short next week if i will see pullback at daily support 15250 LVL, but we need to be carefully because next week will be more crazy for us, we have lot of news which actually show us real moment of market.

Be patient!!!

Comment:
I think correction done now we can find new low for enter our long position.

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