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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