Nasdaq 100, H4
Pivot: 13810.00
Analysis:
Provided that the index is traded below 13935.00, follow the recommendations below:
- Time frame: H4
- Recommendation: short position
- Entry point: 13810.00
- Take Profit 1: 13640.00
- Take Profit 2: 13535.00
Alternative scenario:
In case of breakout of the level 13935.00, follow the recommendations below:
- Time frame: H4
- Recommendation: long position
- Entry point: 13935.00
- Take Profit 1: 14050.00
- Take Profit 2: 14165.00
Comment:
RSI indicates a downtrend during the day.
Key levels:
Resistance Support
14165.00 ----- 13640.00
14050.00 ----- 13535.00
13935.00 ----- 13470.00
Nasdaq 100, D1
Pivot: 14030.00
Analysis:
Provided that the index is traded above 13180.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 14030.00
- Take Profit 1: 14560.00
- Take Profit 2: 14650.00
Alternative scenario:
In case of breakdown of the level 13180.00, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 13180.00
- Take Profit 1: 12620.00
- Take Profit 2: 12200.00
Comment:
RSI is bullish and indicates further increase.
Key levels:
Resistance --- Support
14850.00 ----- 13180.00
14650.00 ----- 12620.00
14560.00 ----- 12200.00
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