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13-years after the Dot.com bubble highs and 11 years off the lows, the NDX 100 index has now retraced 61% of the dot.com crash. This could be a key level for the very strong tech stocks.
Recently Apple hit its 38% retracement level and ran out of steam after a $100 rally, despite Carl Icahn being a buyer of late.
Fibonacci levels have been key to many markets of late, especially the metals of late (see below)
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The above 3-pack reflects major opportunities to buy and sell gold have taken place at Fibonacci levels over the past couple of years.
Fibonacci has impacted metals and Apple in a big way of late, keep an eye on the NDX 100 to see if Fibonacci impacts this key tech index!
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