Nasdaq

Weekly chart - some interesting times ahead, Covid-19 and various other events will have an impact on the economy as a whole. This is not a trade idea (or not one we will be taking) Looking at the technicals, there are some areas of interest in terms of a current supply zone. a few Fibonacci levels dropping down to a low not seen for a number of years.

It would be great to get a discussion going. Please share opinions & ideas and general sentiment.

Enjoy the rest of Easter weekend!













Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.