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NAS100 rebounds as It Battles Resistance at 11800

Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500   NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downtrend as it battles resistance at 11800. The downtrend has reached bearish exhaustion as the market resumes upward. On May 13, downtrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates […]

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