NAS100 Fibo Comeback 11.05.2023

Google+ Pinterest LinkedIn Tumblr +

NAS100 Fibo Comeback 11.05.2023 by BDSwiss_Academy on

Considering that the index moved quite rapidly the last couple of days
finding significant resistance helps us identifying the retracement level

The fibo tool in trading view helps a lot since it fits perfectly. as indicated by the arrow, further break of the support at 1360 USD will indicate a potential drop.
Market opening is at 16:30 for NYSE. Significant volatility is expected then.

Risk Warning: Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. General Risk Disclosure