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Nasdaq 100 Sustains Trading Above the $10,900 Price Mark

Since nine trading sessions ago, the Nasdaq 100 price action ripped through the Fibonacci support level of 78.60. Currently, price action has rebounded upwards from near $10,600 to $10,939. However, trading indicators continue to point to the possibility of further price increases. Major Price Levels: Top Levels: $10,939, $11,000, $11,050 Floor Levels: $10,900, $10,850, $10,800 […]

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NAS100 Is in a Sideways Move as It Revisits Level 10661.40

Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishThe NAS100 price is falling as it revisits level 10661.40. Since November 15, buyers have been attempting to break through the resistance at level 12000. Nonetheless, after three failed attempts, the NAS100 fell below the moving average lines. Today, […]

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NAS100 Is in Downtrend as It Revisits Level 10800

Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downtrend as it revisits level 10800. In the previous price action, buyers pushed the index above the 21-day line SMA but were unable to keep the price above the 50-day line SMA. Hence, the current […]

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