- October 25, 2021
- Posted by: Tradingshot Articles
- Category: Stock Indices
My most recent Nasdaq post was a buy signal on 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.