Nasdaq-100 Index: ⬆️ Buy
– Nasdaq-100 Index reversed from support level 29000.00
– Likely to rise to resistance level 30000.00
Nasdaq-100 Index recently reversed up from the support zone between the support level 29000.00 (which has been reversing the price from the end of August, stopping wave (a) at the end of August and wave ii in the middle of September), the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse 1 from the end of July.
The upward reversal from this support zone completed the ABC correction 2 from the start of October.
Given the strength of the support level 29000.00 and the predominant daily uptrend, Nasdaq-100 Index can be expected to rise further toward the next round resistance level 30000.00 – which stopped wave (a) earlier this month.
 at the end of August and wave ii in the middle of September), the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse 1 from the end of July.){kind=link}