NASDAQ Technical Analysis 10 July 2018
2018-07-09 11:23 pm | Resource: Technical Analysis | No Views : 130
Technical Analysis
Time frame Used - four hours
The NASDAQ 100 is moving in a bullish direction in the near term

The purchasing power managed to control the movement of the NASDAQ 100 to penetrate the resistance level around the levels of 7100 - 7130 to reach the level of 7283 trying to penetrate to the upside
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the arrival of indicators in the overbought area
Therefore we expect that the NASDAQ 100 will drop to levels of 7333
The alternative scenario is that the NASDAQ 100 retreat to level of 7201 – 7130
Resistance: 7333 - 7400 - 7460
Support: 7201 - 7130 - 7100
Direction: Up
Technical Analysis
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The NASDAQ 100 is moving in a bullish direction in the near term

The purchasing power managed to control the movement of the NASDAQ 100 to penetrate the resistance level around the levels of 7100 - 7130 to reach the level of 7283 trying to penetrate to the upside
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the arrival of indicators in the overbought area
Therefore we expect that the NASDAQ 100 will drop to levels of 7333
The alternative scenario is that the NASDAQ 100 retreat to level of 7201 – 7130
Resistance: 7333 - 7400 - 7460
Support: 7201 - 7130 - 7100
Direction: Up
Technical Analysis
Stocks and indices Analysis
Bitcoin News
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