Nasdaq 100, H4
Pivot: 13876.00
Analysis:
Provided that the index is traded above 13750.00, follow the recommendations below:
- Time frame: H4
- Recommendation: long position
- Entry point: 13876.00
- Take Profit 1: 14050.00
- Take Profit 2: 14220.00
Alternative scenario:
In case of breakdown of the level 13750.00, follow the recommendations below:
- Time frame: H4
- Recommendation: short position
- Entry point: 13750.00
- Take Profit 1: 13525.00
- Take Profit 2: 13200.00
Comment:
RSI indicates an uptrend during the day.
Key levels:
Resistance --- Support
14350.00 ----- 13750.00
14220.00 ----- 13525.00
14050.00 ----- 13200.00
Nasdaq 100, D1
Pivot: 13871.00
Analysis:
Provided that the index is traded above 13300.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 13871.00
- Take Profit 1: 14220.00
- Take Profit 2: 14560.00
Alternative scenario:
In case of breakdown of the level 13300.00, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 13300.00
- Take Profit 1: 12620.00
- Take Profit 2: 12200.00
Comment:
RSI is bullish and indicates further increase.
Key levels:
Resistance --- Support
14650.00 ----- 13300.00
14560.00 ----- 12620.00
14220.00 ----- 12200.00
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