Technical Analysis Post

NAS100 Retracement? 13.11.2023

| 13 November, 2023 at 08:49 GMT

NAS100 Retracement? 13.11.2023 by BDSwiss_Academy on TradingView.com

Wall Street’s main indexes ended with big gains on Friday, boosted by heavyweight tech and growth stocks as Treasury yields calmed.

NAS100 surged to high levels and after finding strong support it experienced a retracement. The retracement is not completed yet technically since the index did not reach apparently to the 61.8 Fibo level. As per the arrow, it is expected that it will eventually touch that level.

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