Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 price has broken below the moving averages as it battles resistance at 16400. Since November 4 uptrend the bulls are yet to break above level 16400 overhead resistance. Buyers have retested the overhead resistance on five occasions but […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: Bullish NAS100 has resumed upward move as price breaks above the moving averages. Buyers are pushing the index to retest the resistance at level 16750. In the first uptrend, the bulls were repelled at the high of level 16750. […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downward move. The index is above the 50-day line SMA but below the 21-day SMA. NAS100 will further decline to level 14400 if the bears break below the 50-day SMA. On the other hand, if […]
Key Resistance Zones: 16000, 16500, 17000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in a downward move as price breaks below the 21- moving average. The market is likely to further decline to the support above the 50-day SMA. If price holds above the 50-day SMA, NASDAQ 100 will commence […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 has continued to rise on the upside. The index is trading at level 16585 at the time of writing. Meanwhile, on November 8 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 has been in an uptrend. The index has reached the high of level 16469 but faces rejection. The price indicators have shown that the index is seriously in the overbought region. It is doubtful if the current bullish […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishSince October 13, NAS100 has been in an uptrend. The upward move is being accelerated as price breaks above the moving averages and the resistance at level 15600. Meanwhile, on October 7 uptrend; a retraced candle body tested the […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 has continued to rise on the upside as price breaks above the moving averages. The market is rising and approaching the resistance level at 15600. NASDAQ will rally to level 18000 if the resistance at 15500 is breached. […]
Key Resistance Zones: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 has resumed an upward move as price breaks above the 21-day moving average. If the bulls break above the 50-day moving average, NASDAQ will be in the bullish trend zone. The index will rise to retest the previous […]
