Scroll Top

NASDAQ100 – Continuation Chart Pattern – Channel Down

NASDAQ100 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If NASDAQ100 continues in its current trajectory, we could see it reach 15544.8676 within the next 3 days.