The price almost reached the 4th target of the 3rd bullish daily wave at 2.618 FIB extension around 13 900 and started a pullback on the daily chart. This pullback…
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NASDAQ 100 - Technical Analysis for the index
We publish our technical analysis for NASDAQ 100 index when we see technical changes in the charts. We focus on breakouts, technical patterns, key support, and resistance levels, combined with a trend/wave-based analysis.
Our mission is to help you improve your technical analysis, trading, and investing.
NASDAQ – formed Head and Shoulders and broke below the neckline
Looking at the 4H chart of the CDF, the price formed Head and Shoulders and broke below the neckline on Monday the 22 February when the futures market opened. This…
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NASDAQ 100 – breakout above the pre-pandemic high was a continuation of the wave
Technical analysis for 2021. Studying the monthly chart, we can see that after the break above the 2000 high in 2016, the index accelerated to the upside and reached the…
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