NQ100 is heading downwards





Following the Christmas, we see low volume in transactions in the financial markets and NQ100 is bearish. Technically, the index declined below the minor trendline and indicated a retracament path. In case, it breaks 16 210 support level, we will follow 16 080 and 15 950 indicated by Fibonacci 50.0 percent retracement line. On the other side, 16 455 and 16 600 resistance levels will be on our radar in possible rises.