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