country flagالعربية

NASDAQ Technical Analysis 11 June 2018

2018-06-10 11:02 pm | Resource: Technical Analysis | No Views : 94

Time frame Used - four hours
The NASDAQ 100 is moving in a bearish direction in the near term
The Nasdaq 100 is still facing resistance around level of 7183 to retreat downside
In view of the technical indicators
Both the RSI and the Stochastic are indicating to decline of the indicators
Accordingly, we expect that  the NASDAQ 100 will  drop to levels of  7010 - 6890
The alternative scenario is that the NASDAQ 100 break level of  7183 higher to target level of 7500
  Resistance: 7183 - 7350 - 7500
Support: 7010 - 6890 - 6850
Direction: Down
Technical Analysis
Stocks and indices Analysis
Bitcoin News

Other news

European stocks rise and focus on the Brexit

European stocks traded in positive territory shortly after the opening bell on Tuesday as investors focused their attention on recent events surrounding the UK's departure from the European Union. After the parliament's vote on Britain's withdrawal from the EU, which was likely to fail, was postponed, British Prime Minister Teresa Mae will go to Europe today in an attempt to try to get more concessions from EU leaders, The Irish.…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.