US Nas 100

NAS100_8-12_8-17

87
NAS100 is extremely bullish.
In our low key world, we were able to catch 3 nice setups that delivered over 7500 pips on NAS100 alone.

We've also previously discussed how 13000 was a key pivotal zone as a support level. so as long as it can hold, look for the Nasdaq to move higher towards resistances above at
13500 >> 13650 >> 13750 >> 14000>> 14250 >> 14500.

If the Nasdaq cannot hold 13000 for whatever reason, that would be pretty in my opinion, at least in the short term. Below 13000 she could drop to 12500 >> 12250 >> 11750 >> 11500and potentially 10960.

All in all, it is a good sign that the Nasdaq was able to reverse the trend. As long as 13000 can hold this week, look for some major upside potential in the weeks to come.

#ghost_the_MarketSavage

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.