- Nasdaq100 has failed to break below key support level of 10,650, forming a potential double bottom.
- Friday close of +2.23% puts the week's gains back in the green.
- If prices can break above Friday's high of 11,167 we should see a retest at the 11,600 level, which is the 50% retracement level from 2 Sep all-time high.
- Friday close of +2.23% puts the week's gains back in the green.
- If prices can break above Friday's high of 11,167 we should see a retest at the 11,600 level, which is the 50% retracement level from 2 Sep all-time high.
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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.