vipdent

NAS was in a downtrend but now moving up- LONG TERM ANALYSIS -

Long
OANDA:NAS100USD   US Nas 100
NAS100 has been in a downtrend channel . Just touched the trendline on Friday 30 Oct and got rejected on the 4H.

Next target for this week 02 Nov - 04 Nov 2020 is 11,350 ( 61.8 Fib)
and then down again to retest the 11,000 ( 6th of Nov)
before a further upside movement next week 9th Nov.

US elections next week - expect high volatility in general
and strength in USD, especially after Wed 4 Nov.

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