RealistFX

Nas100 - Weekly Overview

Long
OANDA:NAS100USD   US Nas 100
Have we seen the 'top'?

Is this the 2nd 'big crash'?

It depends what kind of trader you ask. A fundamental trader will say yes, however a technical will say no, and here's why.

A usual retracement within a trend is to the 61.8% fib level. As you can see, Nas did this perfectly.

If we check out the daily timeframe, it didn't break structure either, continuing to form higher high's and higher low's.

Retest of the ATH'S?
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