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tradingwithanthony
Feb 7, 2024 8:12 AM

NAS100 Technical Analysis 

US 100 IndexFXCM

Description

The #NAS100 has been on an upward trend, but a potential triple top pattern is forming on the chart. If the #DXY retraces further and rebounds from support, the #US100 could spike above the current high, potentially taking out buy-side stop-loss orders before pulling back down to the 61.8% Fibonacci level. Remember, trading the #NASDAQ involves significant risk. This analysis is just my opinion and shouldn't be considered financial advice.
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