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DreyerJEK
Jul 9, 2020 8:57 AM

Could NAS100 be ready to take a breather? 🌬️ 

US 100Capital.com

Description

A few of my confirmations are that the market has really extended itself and is showing early signs at the current level (who knows when NAS100 will ever stop skyrocketing 🤯). The lower levels are monthly / weekly fibs and possible targets (not actually a big pullback in the grand scheme), NAS100 has proved that it doesn't like deep retracements outside of worldwide pandemics.

Who knows, maybe 5 huge green monthly bars won't be enough for this market just my 2 cents. Also, the top level is a fibs extension to look at after the breather.
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