- Nasdaq100 has failed to break below key support level of 10,650, forming a potential double bottom.
- Friday close of +2.23% puts the week's gains back in the green.
- If prices can break above Friday's high of 11,167 we should see a retest at the 11,600 level, which is the 50% retracement level from 2 Sep all-time high.
- Friday close of +2.23% puts the week's gains back in the green.
- If prices can break above Friday's high of 11,167 we should see a retest at the 11,600 level, which is the 50% retracement level from 2 Sep all-time high.