NAS100 Simple Chart Analysis

Nas100 - Rst 12180 Supp 10674

During a year period of downtrend, we notice that 10674 is the only area being strongly supported with trip bottom pattern. If this area does not broke, i do believe market wave will continue to move towards a big rounding bottom back to highest rst 16590 area.

The risk to fail this recovery pattern will be the rise of CPI data. That's the only concern.

My 2023 Pick For US Counter as below

META
TQQQ
NETFLIX
AMD
BA