More or less it is same as SP500 chart ( pls see details in the other post), except that the "parabolic-supersonic" move was even more extreme in NAS100 .
- I just drew a from the 2009 low to the recent top. We can see something very interesting now with this setup. If you check the retracement levels of 0,236 / 0,5 / 0,618, they all perfectly match very important peaks and lows! Can it mean we are ebout to reach the perfect top between 4500-4600 and get to the end of this extreme run?
I also added a trend based , which shows if NAS100 blows further up to reach new highs, then it could even reach 5100.
- in play, still rather setup with supports at 4470 / 4400 / 4310
- Hekin Ashi is same as in case of SP500 , maybe starts to show some loss of short term momentum