With new lows in sight, where do we stop ?
Back in the Feb/March lows we had lower highs and lower lows for a month...is that the stop....? Who knows...
Leave your opinion...
Please pay attention to the channel we have been trading in and the fact that we saw a good progress up on 27/10/20 but did not manage to break out of said channel...
Can we go to 11200 by election day?
Are we seeing a double top ? Due to the current climate can we see a further decline to 3200 where it will find the next support? Market not good for predictions at the moment....
Today we have been in the 11520 area...the trend still indicates we can go lower...but do we break that support and go further down or is tomorrow the day we break the trend that started on October 13th?
NAS 100...Still on the decline...things will get better at 11500...the downward trend continues and I think we will see it hit 11500 or lower where it will find support to then go up again.
