My perspective based on trend analysis
With trade war still in effect, I think we will see the indices continue to fall. Retrace level based on daily fibonacci and resistance level.
All higher time frames indicating strong up trend. May have already gotten the small retracement or bigger one will occur, watch what happens when markets open. Only an idea, not financial advice. Comments welcome!
My view on nas100
- Daily uptrend momentum loss - Daily uptrend break and retest