Pashabxl

NAS100: NASDAQ Are we on the eve of the double top?

FX:NAS100   NASDAQ 100 index of US listed shares
We may be on the eve of a double top, but we do need confirmation. The candles on the next coming days may confirm or not but we need to observe them.
We are at an oversold level, and if there is a fall in the market for the next two days, we may assume that we are at the formation of a double top. Which then means that the neck line is at 3450, and perfectly fit to Fibo retracement, and the spill over is at 3345... Therefore there may be a nice opportunity to carefully study. Of course if Double top confirmed, then short.. without any doubt...
ephraim
2 years ago
Good chart analysis.
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Pashabxl PRO ephraim
2 years ago
Thank you very much. That is very kind of you. Best.
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ephraim
2 years ago
looks like bulls are in. it passed the resistence
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