NASDAQ Technical Analysis 11 July 2018
2018-07-11 05:40 am | Resource: Technical Analysis | No Views : 122
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 7315 Where the NASDAQ faced resistance and selling pressure pushed to return to the level of 7255 forming a positive candlesticks pattern
In view of the technical indicators
Both the RSI and the Stochastic are indicating to no signals
Therefore we expect that the NASDAQ 100 will test levels of 7315 -7333
The alternative scenario is that the NASDAQ 100 retreat to levels of 7201 – 7130
Resistance: 7315 - 7333 - 7400
Support: 7255 - 7201 - 7130
Direction: Up
Technical Analysis
Stocks and indices 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 7315 Where the NASDAQ faced resistance and selling pressure pushed to return to the level of 7255 forming a positive candlesticks pattern
In view of the technical indicators
Both the RSI and the Stochastic are indicating to no signals
Therefore we expect that the NASDAQ 100 will test levels of 7315 -7333
The alternative scenario is that the NASDAQ 100 retreat to levels of 7201 – 7130
Resistance: 7315 - 7333 - 7400
Support: 7255 - 7201 - 7130
Direction: Up
Technical Analysis
Stocks and indices Analysis
Bitcoin News
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