euphoricMeerka49790

$NQ1 hitting a bottom here Gann Fan - Fib Circle

CME_MINI_DL:NQ1!   Futuros NASDAQ 100 E-mini
Gann Fan bottom which originates from the March 2020 lows will provide a support for falling further. Additionally the Fibonacci Circle's bottom provides support, with the 200 day sitting there as well. There's a lot of reason to expect a bounce here temporarily. I don't think it'll last since the macro environment is not improving much. An additional fall to the next level after a re-test and then rally into the end of the year is my predicting.

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