I Believe NAS is going to fall first creating a lower low, we broke ascending channel this morning, institutional bankers will be looking to short before we make a new HH, Cornona virus is still very much in play, WHO has stepped in to send experts to China to evaluate the epidemic further, buying at this level is just not worth the risk to reward ratio.
Technical analysis wise we are in a symetrical triangle, which means up, but the 9450 resistance is simply too strong. We have never broken that area.
Technical analysis wise we are in a symetrical triangle, which means up, but the 9450 resistance is simply too strong. We have never broken that area.
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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.