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#Nasdaq 100 (US-Tech) looks bearish in weekly chart
US 100
Short
#Nasdaq 100 (US-Tech) looks bearish in weekly chart
By engwicht
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Apr 5, 2024
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#Nasdaq 100 (US-Tech) looks extremely bearish in the weekly chart.
#MACD is crossing down, as it did August 2023, Vortex indicator also is on a decline since January 22, 2024.
Fibonacci retracement 0.786 would be -9.31% = 16907
Candle patterns look like December 2022 with a lot of coiling going on but much less volatile as back then.
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engwicht
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