Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 index trades in a sideways trend and resumes selling pressure. The uptrend on November 15 was interrupted as the index resumed a downward move. NASDAQ 100 dropped from the high of level 16627 to a low of level […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 index is in a sideways trend but may resume downtrend. NASDAQ 100 was earlier in an uptrend. The uptrend has been terminated since November 4. For the past month, the index has been fluctuating below the overhead resistance […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 price has broken below the moving averages as it battles resistance at 16400. Since November 4 uptrend the bulls are yet to break above level 16400 overhead resistance. Buyers have retested the overhead resistance on five occasions but […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: Bullish NAS100 has resumed upward move as price breaks above the moving averages. Buyers are pushing the index to retest the resistance at level 16750. In the first uptrend, the bulls were repelled at the high of level 16750. […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downward move. The index is above the 50-day line SMA but below the 21-day SMA. NAS100 will further decline to level 14400 if the bears break below the 50-day SMA. On the other hand, if […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downward move as price breaks below the 21- moving average. The market is likely to further decline to the support above the 50-day SMA. If price holds above the 50-day SMA, NASDAQ 100 will commence […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 has continued to rise on the upside. The index is trading at level 16585 at the time of writing. Meanwhile, on November 8 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 has been in an uptrend. The index has retraced after reaching the high of level 16469. The upward move has resumed after the retracement. The current retracement was caused by the overbought condition of the index. Meanwhile, on […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 has been in an uptrend. The index has reached the high of level 16469 but faces rejection. The price indicators have shown that the index is seriously in the overbought region. It is doubtful if the current bullish […]
