Sharing monthly Nasdaq levels of interest using Fib retracement tool. From 2003 low/2007 high/2009 low.
See how the market respects every fib level. How it misses a response at the 6.618 in 2020 to come back to it in 2020.
If $16895 isn't hit soon, $12471 will be next
See how the market respects every fib level. How it misses a response at the 6.618 in 2020 to come back to it in 2020.
If $16895 isn't hit soon, $12471 will be next
Trade active:
Staying with this crazy trend, $18098 s/b within the next 2-3 months. If so, and we get there without an corrective candles on the monthly, I'd suspect a few months corrective between $18098 and $16000, until a new high $19630 by end of 2nd quarter. This is a absolute bullish case, let's wait and see how bullish this market is.