Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index is in a downward move after rejection from level 13800. The index slumped to level 12400 and resumed upward. Buyers are attempting to push the index upward but are facing resistance at level 13200. The uptrend of […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index is in an uptrend but it is currently retracing. The index may further decline. On February 23 downtrend, a retraced candle body tested the 61.8 % Fibonacci retracement level. The retracement indicates that the NAS100 index will […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BullishNAS100 index fell to the support at level 12250. The upward move is facing rejection at level 13200. The market will retest level 13800 if the resistance at level 13200 is breached. On the other hand, if price breaks […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in an downtrend. The index reaches the high of level 13885 and was repelled. The downtrend has been ongoing. On February 26 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 is in an uptrend. The index reaches the high of level 13885 and was repelled. It fell to level 12757 and resumed upward. Daily Chart Indicators Reading:Presently, the SMAs are sloping upward indicating the uptrend. The index has […]
Key Resistance Zones: 14000, 14100, 14200Key Support Zones: 13400, 13300, 13200 Nasdaq 100 (NAS100) Long-term Trend: BearishNAS100 was earlier in an uptrend. The upward move was terminated at level 13900 as the index resume downward move. The index fell to level 13500 as price corrected upward. The upward correction was repelled again at level 13700. […]
