Technical Analysis on .SPX& NAAS
Hello everyone! Today I want to share some technical analysis with you!
1.
The ATH Potential: $S&P 500(.SPX)$
(1) it has been an alternative path for some time, but the bullish potential was not my primary count.
(2) now, with SPX convincingly surpassed 4540 zone and in the process of beating 4600, it has to be revisited.
(3) see the Nov. 15 mid-week update below.
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2.
Gap Fill & W-2: $NaaS Technology Inc.(NAAS)$
(1) After a 70% jump in seven sessions, NAAS retraced to 50% of this rally, and filled the large gap near $2.56;
(2) this gap-fill can be counted as a small w-2 corrective move, esp. given the reduced volume on the way down.
(3) consolidation before next big move.
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