NAS100 Post Reversal 03.11.2023

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NAS100 Post Reversal 03.11.2023 by BDSwiss_Academy on TradingView.com

Wall Street is close to its best week of 2023 on hopes for a halt to rate hikes. The Index experienced a strong reversal. The path though is quite unusual since no retracement has been recorded yet.

This might be the opportunity to catch the retracement. The index is expected to return back to the mean and the 61.8% of the move at least. As per the arrow.

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