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NASDAQ 100 Declines to Level 13,970 as It Faces Rejection at Level 15200

Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 has broken below the moving averages as it faces rejection at level 15200. This is an indication that the market will continue its fall. Since January 31, buyers have been retesting level 15200 resistance on four occasions but […]

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NASDAQMakes Positive Moves as It Reaches Overbought Region at 14718

Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 is trading above the moving averages as it reaches overbought region at Level 14718. The bulls have broken above the moving averages to reach the high of level 14576.50. However, the index pulled above the moving averages. It […]

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