Index Trading: NASDAQ 100 Price Chart, Analysis and Trade Signals

Index Trading: NASDAQ 100 Price Chart, Analysis and Trade Signals

NASDAQ 100 Price Chart

NASDAQ 100 Technical Analysis: Weekly Chart

NASDAQ 100 Price 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

NASDAQ 100 Price 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:

TRADE SUGGESTION: SELL AT 12660, TAKE PROFIT AT 11520 AND STOP LOSS AT 13370

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