Index Trading: NASDAQ 100 Price Chart, Analysis and Trade Signals
25 Apr 2022
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NASDAQ 100 Technical Analysis: Weekly Chart
In the weekly charts, NASDAQ 100 is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 12920 and the resistance level is at 14350.
NASDAQ 100 is trading in a downward channel until there is a trend reversal.
NASDAQ 100 Technical Analysis: Daily Chart
In the daily charts, NASDAQ 100 is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 13020 and the resistance level is at 13685.
NASDAQ 100 is trading in a downward channel until there is a trend reversal.
How to trade NASDAQ 100 this week:
NASDAQ 100 is trading in a downward channel until there is a trend reversal and the following opportunity can be taken: