https://hotcopper.com.au/threads/daily-price-movement-general-discussion.5891242/page-7651?post_id=52341518The Nasdaq 100 futures contract made its closing high of 14035 on the 19th April exactly as the Fibbonnaci sequence suggested it would.
i know you trash Fibonacci but it is actually quite reliable
Although intraday highs got to 14077 my projection was 14327 so I was ~1.5 percent out considering I was projecting from December 2018
Ive gone back to the charts as my target was not met to see if there is anymore upside left but by excluding fear and greed spikes FOMO and reverse it appears the target has been met.
If Nasdaq can find support at 13000 we may have another leg up but the risk is heavily weighted to the downside.
My forecast is markets will not only take out Covid lows but also the 2008 GFC lows.
Daily Price Movement / General Discussion, page-10591
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$1.38 |
Change
-0.060(4.17%) |
Mkt cap ! $1.554B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.37 | $13.99M | 10.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 63033 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 14315 | 4 |
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