Nasdaq seems to be hitting its low lows, but is there a good way to guess the price point? The Nvidia chart may have the hint. Nvidia's 0.786 has yet to form.
Nvidia has an enormous influence on the Nasdaq. Nvidia hasn't reached 0.786 of its local wave 3, whereas Nasdaq has already gone well beyond. If Nvidia were to reach 0.786 at price point 106, it may cause an additional 50-80 points down from the current Nasdaq 0.786 pullback.
*Any signs of Nvidia trend reversal at the current 0.618~786 price point will invalidate the idea.
Nvidia has an enormous influence on the Nasdaq. Nvidia hasn't reached 0.786 of its local wave 3, whereas Nasdaq has already gone well beyond. If Nvidia were to reach 0.786 at price point 106, it may cause an additional 50-80 points down from the current Nasdaq 0.786 pullback.
*Any signs of Nvidia trend reversal at the current 0.618~786 price point will invalidate the idea.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。