Market Analysis – July 24 The Nasdaq 100 has continued its decline following the failure of the demand zone at 19,449.0 to hold. A new lower high has been established, offsetting short orders and confirming a bearish trend. Nasdaq 100 Key Levels Demand Levels: 19,453.0, 18,618.0, 17,797.0Supply Levels: 20,176.0, 20,783.0, 21,000.0 Nasdaq Long-Term Trend: Bearish […]
Market Analysis – July 23 The Nasdaq 100 market experienced a significant retracement, transforming into a bearish breakout on the daily chart. The price has descended to challenge the demand zone at 19450.0. Nasdaq Key Levels: Demand Levels: 19450.0, 18618.0, 18182.0Supply Levels: 20176.0, 20783.0, 25000.0 Nasdaq Long-term Trend: Bullish On July 11, the Nasdaq price […]
Market Analysis – July 14 The Nasdaq 100 price has retraced to the support level of 20,176.0. This pullback has effectively covered the region of the fair value gap, revealing underlying market inefficiencies. The gap was created above the down-close candle on July 5th. Such a retracement not only indicates a corrective phase but may […]
Market Analysis – July 9 The Nasdaq 100 has exhibited a pronounced upward trajectory, as evidenced by the recent breach of the previous swing high at 20,097.0 on the daily chart. This movement has been supported by the formation of a bullish order block at the point of the current bullish structure break. Such a […]
Market Analysis – July 2 Nasdaq 100 achieved a new all-time high in June, reaching the significant psychological price level of 20,000.0. This milestone was accompanied by indications of bullish exhaustion from the Relative Strength Index (RSI), which prompted the market to enter a correction phase. Nasdaq 100 Key Levels: Demand Levels: 19,000.0, 18,248.0, 16,955.0Supply […]
NAS100 Analysis – June 16 NAS100 begins a bearish pullback as the market becomes overbought. The moving averages (MA Cross 9, 21) are currently positioned at approximately 19,620.0 and 19,140.0, respectively. The price is trading above both moving averages, indicating a bullish trend. The Relative Strength Index (RSI) is at 70.80, which is close to […]
Market Analysis – June 13 The Nasdaq Composite Index has recently surged past 19,000, signalling a strong bullish trend. Following a decisive breakout above 18,948.0, the upward momentum briefly paused, indicated by two small bearish candles. However, the index has since regained its strength, with larger daily bullish candles propelling it toward the 20,000.0 level. […]
Tech stocks’ decline overshadowed market performance on Friday, despite positive inflation news. Tech stocks dominated market movements on Friday as most U.S. stocks rose following a report indicating stable inflation trends. However, drops in tech giants kept indexes in check. The S&P 500 slipped 0.1% in afternoon trading, potentially closing its first losing week in […]
NAS100 Analysis – May 30 Following a transient downturn in April, the NASDAQ 100 (NAS 100) has exhibited a notable recovery, with trading volumes returning to their customary levels. The downturn was characterized by an atypical spike in trading volume, contrary to what one might expect during a price decline. As the index regains its […]
