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NASDAQ Starting a double Top rejection towards the 1day MA200.
US 100
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NASDAQ Starting a double Top rejection towards the 1day MA200.
Oleh TheCryptagon
Ikuti
Ikuti
17 Jan 2024
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17 Jan 2024
Nasdaq / US100 is pulling back after a Double Top formation at 16970.
The 1day RSI is already inside a Channel Down, much like the patterns of the July 19th 2023 and February 03 2023 Tops.
They both declined by -9.00% on average.
Sell and target 15850, which is slightly over the bottom of the Rising Wedge (Rising Support) - 1day MA200 - 0.5 Fibonacci Support Zone.
Previous chart:
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Chart Patterns
Technical Indicators
nasdaq
NASDAQ 100 CFD
NASDAQ 100 E-MINI FUTURES
Trend Analysis
us100
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