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Janofant

Nasdaq 100 - short-term cluster goal!

Short
US 100 Index (TVC:NDQ)  
Janofant Updated   
TVC:NDQ   US 100 Index
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
Around the 6.400 is a nice first cluster goal for the Nasdaq 100. We can see the longterm 38,2 Retracement (low: financial crisis 2008; high: ATH 2020), the fibonacci-1,618-extension in the H1-Chart and a trendline (tested 4 times). If we break the support around 6.837,5 (last low) the downtrend continues and maybe there will be a nice RRR for my goal.

Keine Anlageempfehlung. Eine Haftung für Vermögensschäden ist ausgeschlossen, diese Analyse dient nur zu Ausbildungszwecken.
Comment:
I want to add that its also the Fibonacci-1-extension (trend based) from the high 13 Mar 20, 20:30 over the low 18 Mar 20, 19:30 to the last high!!
Comment:
No real H1-Close below the level I pointed out. So the setup isn't active.
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