Short
NASDAQ 100
If we see the close (on a daily basis) below 13086 next week then there are another ~700 points to come.
We should wait for the first week of May for a possible rebound.
Until then, closest support is in the region between 12420 & 12330.
If this zone holds, then it could be ABC = wave 1.
If this zone breaks, then there are another 1300-1400 points to the south.
We should wait for the first week of May for a possible rebound.
Until then, closest support is in the region between 12420 & 12330.
If this zone holds, then it could be ABC = wave 1.
If this zone breaks, then there are another 1300-1400 points to the south.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.