NASDAQ 100 Technical Analysis, Latest Price and Forecast

NASDAQ 100 Technical Analysis, Latest Price and Forecast

nasdaq technical analysis

NASDAQ 100 Technical Analysis: Weekly Chart

In the weekly chart, NASDAQ 100 is trading in a downward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100),

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 11,115 and the resistance level is at 12,770

NASDAQ 100 is trading in a downward channel until there is a trend reversal.

NASDAQ 100 Technical Analysis: Daily Chart

In the daily chart, NASDAQ 100 is trading in a downward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100),

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 11,580 and the resistance level is at 12,280

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 10940, TAKE PROFIT AT 9720, AND STOP-LOSS AT 11830

About Author

Related posts

audnzd technical analysis

AUDNZD TECHNICAL ANALYSIS & HOW TO TRADE AUDNZD

AUDNZD Technical Analysis: Weekly Chart In the weekly charts, AUDNZD is trading in an up channel. AUDNZD is currently trading above all SMA. RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 1.0933 & the resistance level is...

Read More
VOLKSWAGEN AG Technical Analysis

VOLKSWAGEN AG TECHNICAL ANALYSIS, AND VOLKSWAGEN AG FORECAST

VOLKSWAGEN AG Technical Analysis: Weekly Chart In the weekly charts, VOLKSWAGEN AG is trading in a down channel. VOLKSWAGEN AG is currently trading below all SMA. RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 155.97...

Read More

Leave a Reply