microtrends
Long

Nasdaq Long possible retest of monthly high - or sell off

FX:NAS100   NASDAQ 100 index of US listed shares
136 0 1
Currently the weekly high and low demonstrate a congestion area sideways with a slight upward bias defined by the current signals - green up triangles on the chart on the right -we are above the weekly open of 4023.

Red Horizontal levels 4045, 4052. 4071 plotted above are targets.
Or if we reverse here and breakdown short past 4023 the longer range target Week S2 3934 is in sight.

These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends
more details of the indicators can be found here: http://www.indicatorfactory.com/tradingview-indicators/
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