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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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NASDAQ 100 (NAS100) Reaches the Overbought Region, May Face Rejection at Level 15000

Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: RangingNAS100 is in an uptrend. The index is trading in the overbought region of the market. NASDAQ 100 price is making higher highs and higher lows. The bullish momentum is likely to extend to level15000. However, the index overbought […]

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