Nasdaq 100, H4
Pivot: 13331.00
Analysis:
Provided that the index is traded above 13270.00, follow the recommendations below:
- Time frame: H4
- Recommendation: long position
- Entry point: 13331.00
- Take Profit 1: 13370.00
- Take Profit 2: 13400.00
Alternative scenario:
In case of breakdown of the level 13270.00, follow the recommendations below:
- Time frame: H4
- Recommendation: short position
- Entry point: 13270.00
- Take Profit 1: 13180.00
- Take Profit 2: 13120.00
Comment:
RSI indicates an uptrend during the day.
Key levels:
Resistance --- Support
13450.00 ---- 13270.00
13400.00 ---- 13180.00
13370.00 ---- 13120.00
Nasdaq 100, D1
Pivot: 13296.00
Analysis:
Provided that the index is traded above 12200.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 13296.00
- Take Profit 1: 13440.00
- Take Profit 2: 13880.00
Alternative scenario:
In case of breakdown of the level 12200.00, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 12200.00
- Take Profit 1: 11580.00
- Take Profit 2: 10960.00
Comment:
RSI is bullish and indicates further increase.
Key levels:
Resistance --- Support
14650.00 ---- 12200.00
13880.00 ---- 11580.00
13440.00 ---- 10960.00
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