NASDAQ- Latest Technical Forecast: Descent to 12469-12317..?
Nasdaq is seen descending from 23.6% Fibonacci level 12656 and sustained break below previous Day's low of 12634 will drag Nasdaq down to next leg lower 38.2% Fibonacci Level 12469
Below this next support is 50% Fibonacci Level 12317
The above mentioned Fibonacci Levels relate to retracement measured from 11676 low and 12959 high
Note: This projection is purely based on Price Action and does not claim to be a Trading Recommendation.
Below this next support is 50% Fibonacci Level 12317
The above mentioned Fibonacci Levels relate to retracement measured from 11676 low and 12959 high
Note: This projection is purely based on Price Action and does not claim to be a Trading Recommendation.