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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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NAS100 Reaches an Oversold Region as It Finds Support above 10928

Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 has fallen significantly to the downside as it finds support above 10928. The index falls to the low of 11164 and pullback. The downtrend is reaching bearish exhaustion as the market approaches the oversold region. Meanwhile, on the […]

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