Sporia

NAS100 setting up like its 2007

Short
FX:NAS100   US 100 Cash CFD
NAs100 hits 1.618 Fib perfectly , this could be the local bottom for now but setting up for a much bigger fall later on.

The bar pattern from 2007/2008 crash is looking very similar right now and we could be setting up for a much larger move down . I have overlayed the bar pattern from the drop in 2008 , a 50% drop would hit the 0.618.


Telegram Group
t.me/SporiaMembershipbot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.