Looking like it's heading to 8052.
Rebounded off trendline, didn't give a rats about our short position, either.
Retested fib levels and is approaching a resistance zone.
WIth the 6-trln being pumped in over the next month or two we'll see a bullish NAS
We've been playing in this zone for a while now, without dropping too far or going too high.
With Trump signing 6 Trln dollar 'help me' bill, we could see a very aggressive and fundamentally driven NAS100 for a week or two. Followed by another sharp drop. The race will be on then as to what will collapse first, the economy or failure to recover those who have...
I guess, it's going to be a 'short' week ahead, pun intended.
We see NASDAQ:NDX reached previous fib levels.
Now, same setup again.
Using colour codes now to confirm movement providing we don't see $1.5+ trillion hit the market.