NASDAQ 4H Golden Cross aims at 16300 long-term

My most recent Nasdaq post was a buy signal on the 1D MA50:

NASDAQ Testing the 1D MA50

Currently we have a buy continuation signal for the long-term towards the 1.5 Fibonacci extension (16300) with a potential short-term pull-back to add more longs on the 0.5 Fib retracement or the 1D MA100 (red trend-line). This is based on the May – June fractal whose pattern is so far following in great detail the current price action.

Tradingview link:

https://www.tradingview.com/chart/US100/Vt6FWJlp-NASDAQ-4H-Golden-Cross-aims-at-16300-long-term

 



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