quyverlander

NAS100 - Will history repeat itself?

Long
OANDA:NAS100USD   US Nas 100
Recent activity looking similar to the Sept 2020 correction. Will look for a retest of the trend line to place long trade. Would expect such a move late next week, but could trigger early depending on today's US NF Payrolls outcome.

If price breaks below trend, and below 12160-190 level, I will be looking to short NAS100 down to 11k.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.