Index Trading: NASDAQ 100 Price Chart, Analysis and Trade Signals
18 Apr 2022
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NASDAQ 100 Technical Analysis: Weekly Chart

NASDAQ 100 is trading above its previous downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 13,340 and the resistance level is at 14,360
NASDAQ 100 is trading above and outside its previous downward channel.
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 13,615 and the resistance level is at 13,925
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 above its previous downward channel and the following opportunity can be taken: