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BDSwiss_Academy
Sep 27, 2023 12:58 PM

NAS100 Falling Wedge? 27.09.2023 Short

US Tech 100 IndexPepperstone

Description

It is clear that all U.S. benchmark indices are currently facing a downward trend.

In the case of the NAS100 the Falling Wedge formation seems to hold. we could see the index falling even further when volatility kicks in after market opening at 16:30 GMT+3.

14620 serves now as an important resistance level (was acting as support previously). The next support is probably at 14525. Breaking that as well might cause index to drop further at near 14440.
Comments
BDSwiss_Academy
As expected! Reached 14440!
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