NAS100 Reaches the Overbought Region as It Faces Rejection at Level 12866

Azeez Mustapha

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Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downtrend as it faces rejection at level 12866 .The index corrected upward and broke above the 21-day line SMA but below the 50-day line SMA. NAS100 uptrend has reached bullish exhaustion as the market reached […]

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