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NASDAQ (NAS100) Fell From The FCP Zone But Consolidating -Levels

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OANDA:NAS100USD   US Nas 100
Traders,NASDAQ (NAS100) looks very over extended and has fallen from the FCP zone that we analysed weeks ago but it is now consolidating. That means that it can move higher once possibly to create a bull trap. However as a W pattern is complete we can have a lower movement ultimately. A full video analysis is available on the channel (link in the signature below this chart). Here are the important levels that we should look at for support and resistance.


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