Em4rk

NDX future with some buying levels to keep eye on

Em4rk Updated   
NASDAQ:NDX   Nasdaq 100 Index
Exploring some buying levels using fibonacci retracement. Accumulating from these levels with couple % stop limit. Red line indicates possible strong support, which we possibly want see ever again.

IMO, 0.362 fib is the first level that should be in consideration for accumulation.
Comment:
Buying levels timeline location is just a vague guess.
Comment:
Reaching ichimoku red line and fib 0.2. We should see some movement upwards before collapsing more.
Comment:
Strong bounce after touching fib 0.236. Expecting new touches to this 0.236 line. Keep some profits!
Comment:
Reaching fib 786. Will we see new drop soon?
Comment:
We could 1.618 fib level, before crash. Still keeping these fib levels relevant.
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.