NAS100 this market is still fantastic for long term investors >1 year because it is bullish (still) and even with a 6000 points correction like we had in 2021 you would be still in profit.... and obviously for day traders /scalpers..anyhow else is complaining.. I wonder why? similar chart posted by Weedol with the 2021 drop.. Obviously today is a key date ..if it breaks 2500 support we may be in for a big correction..
NAS100USD could comfortably see us sitting in a wide range over the next few months, its nothing that the SPX and NDX have not done the last few years.
NAS100tradingview.com/x/XrIauDo1/ This is a neutral chart; no predictions. The White channel has been in play since 2012 gone through the post covid boom, the bear market and the current level up until summer ATH, (the recent ATH are outside it, and I will adjust it if confirmed] The green channel marks the start of the current bull market from January 2023. It’s still in play. It’s supported by the 1D 200SMA , as this is a weekly chart I am using 40. Be warned when breached in August 2024, the daily dropped a further 800 points to 17248 before settling at 18047 The red channel does not yet exists, To build it we need a high a low, and a lower high. But the market has broken structure on the daily and I have cut through the recent ATHs [ which are already outside the white channel].
NAS100 Good day all you )) Do you see the index went where? to my 50% Fib level ;) Do you understand sure what the 50% is doing what. and you can see also that purple line under it which could be another support... I know well it will go the green trendline under them all but not straight so we could witness a retrace.. and as long the body candle is not settled on the Fib level so that means even after the index in case will go the upper Fib level in white or even the red line above it, so it will go down again to go where??? to the Fib level of 61.8% and the green line!!! That chat drawing is the index map! The biggest ever bullish retrace will start from the Fib level of 61.8% and the professional traders understand that well! a fall like that takes three big Fib lines then to retrace truly from the level of 61.8%
NAS100 this market is still fantastic for long term investors >1 year because it is bullish (still) and even with a 6000 points correction like we had in 2021 you would be still in profit.... and obviously for day traders /scalpers..anyhow else is complaining.. I wonder why? similar chart posted by Weedol with the 2021 drop.. Obviously today is a key date ..if it breaks 2500 support we may be in for a big correction..
AAPL 
