Critical moment for NASDAQ, sitting on support Short

NASDAQ Composite IndexNASDAQ

Description

⋅ Sep 11, 2020 2:24 AM

I am expecting the support to be breached (78.6% fib line), providing a short target of around 9800, which is the previous horizontal support line and the 61.8% fib line.

Will commence the short once we close below the 78.6% line.

Trend Analysis Chart Patterns