NAS100 4 HOUR CHART – Sub-20K
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In a geopolitical market do technicals matter?
Looking at this chart, note how 19623 held
To keep it simple, some disappointment that it did not follow S&P and DOW to new record highs and needs to renew 20K to neutralize a retracement risk.
With geopolitics a focus, look at short-term charts and risk on/risk off to trade the NAS.