tekniquefrs

NASDAQ to $9300?

Short
TVC:NDQ   US 100 Index
While looking at the current Fibonacci retracement chart on NASDAQ, I couldn't help but notice the levels don't match up well with support and resistance zones. I started to move the bottom point to different areas and at $9.3k everything seemed to line up nicely. I did the same thing with Bitcoin back in December and found that the levels lined up better around $22k if memory serves. At the time I found it to be interesting but unlikely, yet look where Bitcoin is now. Could this be an indication that NASDAQ will be heading to $9300? Only time will tell but the fib levels certainly seem to fit like a glove.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.