Nasdaq Composite Index
Long

Nasadaq Index Analysis - Harmonic Pattern

Dow Jones and Nasdaq have given a clear positive outlook. Nasdaq has formed a perfect ABCD pattern and has given clear break out at 61.8 Fib level.

This indicates that the US market looks positive and hence i see an up-move in the Indian indices as well.

The targets are as mentioned on the chart.

This is for educational Purpose only.


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.