#Nasdaq 100 (US-Tech) looks extremely bearish in the weekly chart.
#MACD is crossing down, as it did August 2023, Vortex indicator also is on a decline since January 22, 2024.
Fibonacci retracement 0.786 would be -9.31% = 16907
Candle patterns look like December 2022 with a lot of coiling going on but much less volatile as back then.
#MACD is crossing down, as it did August 2023, Vortex indicator also is on a decline since January 22, 2024.
Fibonacci retracement 0.786 would be -9.31% = 16907
Candle patterns look like December 2022 with a lot of coiling going on but much less volatile as back then.