Nasdaq 100, H4

Pivot: 13745.00

Analysis:

Provided that the index is traded above 13530.00, follow the recommendations below:

• Time frame: H4
• Recommendation: long position
• Entry point: 13745.00
• Take Profit 1: 13850.00
• Take Profit 2: 14000.00

Alternative scenario: 

In case of breakdown of the level 13530.00, follow the recommendations below:

• Time frame: H4
• Recommendation: short position
• Entry point: 13530.00 
• Take Profit 1: 13420.00
• Take Profit 2: 13260.00

Comment:

RSI indicates an uptrend during the day.

Key levels:

Resistance --- Support

14100.00 ----- 13530.00

14000.00 ----- 13420.00

13850.00 ----- 13260.00

Nasdaq 100, D1

Pivot: 13803.00

Analysis:

Provided that the index is traded above 12200.00, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 13803.00
• Take Profit 1: 14145.00
• Take Profit 2: 14650.00

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

14850.00 ----- 12200.00

14650.00 ----- 11580.00

14145.00 ----- 10960.00

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