Technical Analysis Post
NAS100 Fibo Comeback 11.05.2023
NAS100 Fibo Comeback 11.05.2023 by BDSwiss_Academy on TradingView.com
Considering that the index moved quite rapidly the last couple of days
finding significant resistance helps us identifying the retracement level
The fibo tool in trading view helps a lot since it fits perfectly. as indicated by the arrow, further break of the support at 1360 USD will indicate a potential drop.
Market opening is at 16:30 for NYSE. Significant volatility is expected then.