Nasdaq 100 closer to a double bottom Long

NASDAQ 100 IndexNASDAQ

Description

⋅ Apr 23, 2022 7:38 AM

If you haven`t seen my last post about NDX:

Then you should know that Nasdaq 100 is closer to a double bottom chart pattern, with an upside potential reversal to $15670 this year.

Looking forward to read your opinion about it.

Comments

ShortSeller76

⋅ Apr 23, 2022 10:46 AM

Why reason do you think it won’t break through support this time ? Long term we’re going much lower.

safeheavenfx

⋅ Apr 23, 2022 8:15 PM

@ShortSeller76 you're so wrong
cause that's the correct movement

ShortSeller76

⋅ Apr 23, 2022 8:46 PM

@safeheavenfx, HAHAHAAA check back with me later and say "you were right"

theqir

⋅ Apr 23, 2022 8:35 PM

@ShortSeller76, rsi going oversold. it can bounce up. thus double bottom

ShortSeller76

⋅ Apr 23, 2022 8:46 PM

@theqir, means nothing

Tradersweekly

⋅ Apr 28, 2022 2:24 PM

I think the breakout below the support suggests more weakness ahead. Thanks for the post, though.

TopgOptions

⋅ Apr 28, 2022 9:46 PM

@Tradersweekly, thanks for sharing.

Kent_invest

⋅ Apr 25, 2022 5:01 AM

On weekly chart, it looks like a HnS (I guess bearish in the shorterm?)

TopgOptions

⋅ Apr 28, 2022 9:48 PM

@Kent_invest, i think this was the bottom.

thinkerdoertalker

⋅ Apr 29, 2022 5:16 PM

I'm curious what will happen, especially in June.