Nasdaq 100, H4
Pivot: 13699.00
Analysis:
Provided that the index is traded above 13625.00, follow the recommendations below:
- Time frame: H4
- Recommendation: long position
- Entry point: 13699.00
- Take Profit 1: 13885.00
- Take Profit 2: 14070.00
Alternative scenario:
In case of breakdown of the level 13625.00, follow the recommendations below:
- Time frame: H4
- Recommendation: short position
- Entry point: 13625.00
- Take Profit 1: 13330.00
- Take Profit 2: 13130.00
Comment:
RSI indicates an uptrend during the day.
Key levels:
Resistance ---- Support
14200.00 ------ 13625.00
14070.00 ------ 13330.00
13885.00 ------ 13130.00
Nasdaq 100, D1
Pivot: 13734.00
Analysis:
Provided that the index is traded above 13355.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 13734.00
- Take Profit 1: 14080.00
- Take Profit 2: 14790.00
Alternative scenario:
In case of breakdown of the level 13355.00, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 13355.00
- Take Profit 1: 12960.00
- Take Profit 2: 12620.00
Comment:
RSI is bullish and indicates further increase.
Key levels:
Resistance ---- Support
15740.00 ------ 13355.00
14790.00 ------ 12960.00
14080.00 ------ 12620.00
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