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NASDAQ 1day MA200 test after more than 7 months. Huge BUY!!
US 100
Viés de alta
NASDAQ 1day MA200 test after more than 7 months. Huge BUY!!
Por TheCryptagon
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26 de out. de 2023
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26 de out. de 2023
Nasdaq / US100 is trading inside a Channel Down since the July 19th high.
Today the price not only touched the bottom of that Channel but is about to test the 1day MA200 for the first time in more than 7 months.
As the 1day RSI is on the same level as the Channel's previous two Lows, this is technically the best buy opportunity on a quarterly basis.
Buy and target 15000 (top of Channel Down and 0.786 Fibonacci which was where the previous Lower Highs were formed)
Previous chart:
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Chart Patterns
Technical Indicators
nasdaq
NASDAQ 100 CFD
NASDAQ 100 E-MINI FUTURES
Trend Analysis
us100
TheCryptagon
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