Nasdaq Near Term Forecast: New high?
Hi Everyone,
Just to share an update on the Nasdaq 100.
Based on the prior forecast, the wave 3 is extended but I'd be surprised if it broke above 13.6k resistance.
My expectation is for a back-test around 13.35k to complete wave 4.
Assuming Wave 5 reaches the high probability 61% Fibonacci of Wave 1-3, I would expect an eventual new Nasdaq 100 high at around 14k.
This is slightly higher than the initial target of 13.7k forecasted a week ago.
Good luck!
Just to share an update on the Nasdaq 100.
Based on the prior forecast, the wave 3 is extended but I'd be surprised if it broke above 13.6k resistance.
My expectation is for a back-test around 13.35k to complete wave 4.
Assuming Wave 5 reaches the high probability 61% Fibonacci of Wave 1-3, I would expect an eventual new Nasdaq 100 high at around 14k.
This is slightly higher than the initial target of 13.7k forecasted a week ago.
Good luck!
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.