NAS100 Reversal Correction 31.01.2024 by BDSwiss_Academy on TradingView.com
NAS100 has experienced an unusual drop yesterday having a different path than the other U.S. Indices as specific stocks had plunged amid the quarterly earnings reports.
This rapid drop and reversal from the upside creates an opportunity for retracement to occur.
The arrow shows how the price could start a path upwards, with the price returning back to the MA.
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