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

---

---

Recent articles

---