NASDAQ Analysis
Aktualisiert
There is extreme pessimism with respect to Nasdaq and US IT Tech companies and they have corrected heavily from top. It looks like that NDQ is making a double bottom formation on weekly tf at fibo golden ration i.e. 61.8% retracement from Covid low to ATH.
There is also a formation of falling wedge pattern which is visible potentially and risk is to reward looks good to accumulate Nasdaq here for long term bet.
There is also a formation of falling wedge pattern which is visible potentially and risk is to reward looks good to accumulate Nasdaq here for long term bet.
Trade ist aktiv
Going good so far.Anmerkung
I don't see any major change in setup and still going good so far...even with all the news flowAnmerkung
Keep a watch on the levels marked in the chart Anmerkung
Going good so far Anmerkung
Nasdaq going stronger and stronger Anmerkung
Nasdaq 20% up since this analysis Anmerkung
Nasdaq weekly closing above 14K !!
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