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NAS100 Bearish forecast

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Gartley Fundamental Analysis Beyond Technical Analysis NASDAQ 100 CFD ustech100 us100
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gartleypattern fundamental beyondta nas100 ustech100 us100
The US100 has copmleted a Bearish Gartley harmonic pattern. From what we know of the Gartley is that from point D it reutns to point A. We however can't risk holding this indice with the yet another recession knocking on our doors. Another thing to consider is that we are currently overbought on our RSI, we should see this index plummet down to the $10 000 area

We will now sell the NASDAQ100 Index/ UStech100 and take partially close our positions on the listed take profit points (TP) listed above.

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