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NASDAQ 100 Rally Despite China Woes and Auto Weakness?

Long
US 100 Cash CFD (FX:NAS100)  
TraderXLII  
FX:NAS100   US 100 Cash CFD
Support and Resistance Fibonacci nasdaq nasdaq100 rally Fibonacci Retracement
2
0
supportandresistance fibonacci nasdaq nasdaq100 rally fibonacciretracement
The NASDAQ 100 (cash chart) could bounce up from the 61.8 Fibonacci retracement (daily chart).
In this case, a rise of 5-10+ % could be possible.

In the chart, Fibonacci retracement levels have been plotted from the Covid low in March 2020 to the all-time high in November 2021.



This is just an idea. Do not trade it! Do your own research and make your own decisions. You are solely responsible for your trades.
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