The light is getting clearer, my bias still bullish for Nas100 for the fact that the November 2021 low wasn't breached by bears and this shows that their strength is getting diminished. Looking at current price action, we also see a possibility of a double bottom formation. If the neckline is violated, Nas100 will find its bottom at around 16110.00. For this setup to be more valid, the neckline must be violated to the top.
Please make sure to leave a like and if you have different opinion, please be kind and share your opinion in the comment section below.
Please consider checking my other ideas. follow the links below to see these previous ideas.
I was looking at ways to re-enter this bullish market yesterday - got in at break of neckline and making good progress so far. Thanks for the suggestion/support :)