18 Apr
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:
