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Nasdaq -> Time To Start The Rally

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PEPPERSTONE:NAS100   NASDAQ 100 CFD Cash
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .

On the weekly timeframe you can see that Nas100 is looking insanely bullish. We just recently created a weekly double bottom and already broke above the neckline, confirming this whole pattern.
You can also see that we are already starting the continuation towards the upside, in my opinion there is a quite high chance that we already saw the bottom of the bear market so from here I just do expect more continuation towards the upside.

On the daily timeframe you can see that Nas100 just recently also created a daily double bottom so I am now just waiting for a retest of the neckline and then also the next push on the daily timeframe.

Thank you for watching and I will see you tomorrow!

You can also check out my previous analysis of this asset:

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www.basictrading.net

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Keep your long term vision.
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