27 Jan
NASDAQ 100 Price Technical Analysis: Weekly Chart
In the weekly charts, Nasdaq 100 is trading in an upward channel.
Nasdaq 100 is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
Nasdaq 100, will follow an uptrend in the coming weeks.
The Nasdaq 100 crucial support level is at 14407.75 which is near 20 days SMA as of now. There are no signs of a bearish trend.
Bulls have their tight grip on Nasdaq 100.
TRADE SIGNAL–Nasdaq 100– Buy: 14310.20, TARGET:-14410.20, STOP LOSS:- 1426.20.
