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NASDAQ 100 (NAS100) Declines, Approaches the Previous Low at Level 14800

Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index is in a downward move as buyers fail to sustain above level 15700. The index price broke below the moving averages signaling the resumption of selling pressure. If the selling pressure persists, the index will reach the […]

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NASDAQ 100 (NAS100) Unable to Break Level 15200 Overhead Resistance, May Resume Downtrend

Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 is in an upward move. The index trades below the 15200 overhead resistances. Today, buyers are facing rejection at the overhead resistance. Buyers have failed to overcome level 15200 since July. Meanwhile; on July 26 uptrend a retraced […]

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NASDAQ 100 (NAS100) Declines to Level 14504.60, Uptrend Likely

Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 is in an uptrend. The uptrend has been terminated at level 15000. The index has retraced to level 14536.35. Presently, the retracement has reached bearish exhaustion. According to the daily stochastic, the index has fallen to the oversold […]

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