Hello everyone. NQ has been down by more than 13% since Sept. 13th. Now sellers look to take a breath around previous low created in June after massive sell-off.
With the confluence of previous low, I also noticed that ab=cd pattern formed. The tech-heavy index is likely to rebound to level 12041- 12174 which happens to be 61.8% fib level.
What do you think? Give me a like if you're with me.
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.