Nasdaq 100 near crucial level.

Atualizado
Please see history of Nasdaq 100, how it has reacted near 100SMA (on weekly time frame). If markets have to reverse, then 100SMA is a good place and if it doesn't respect that level, then we may see correction up to 40% in NASDAQ 100 from the level of 100SMA.

KEEP IN MIND: There were many instances when it broke 100SMA, but didn't fall. To solve this, always wait for pullback.

If market breaks 100SMA, then pullbacks, and after that pullback, if it breaks the low of breakdown, then go short with target at least 30-40% downfall and SL with high of last pullback. But if market breaks 100SMA, and don't break the last low of breakdown, and continues the rally then buy.


*****************THIS IS MY PERSONAL OBSERVATION. CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING. I AM NOT LIABLE FOR ANY LOSS********
Nota
CORRECTION: PLEASE SEE 150 SMA, NOT 100SMA.
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