NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ is running in major support and its trend is positive and its support area is 14930 to 15690 and overall final stop loss 14800.It can rise upward towards 15800 level sharply because last wave inner wave 5 running in extension calculation.Intraday or short term stop loss is 14800 and its targets are 14280,14320 and 14360 respectively.Overall main target for upside rally is 16200 with stop loss 14800.
QUICK FUNDAMENTAL LOOK
Nasdaq Futures Plunge as Alphabet’s Cloud Business Revenue Disappoints, Meta Earnings on Tap.U.S. rate futures have priced in a 97.1% chance of no hike at the November FOMC meeting and a 29.1% chance of a 25 basis point rate increase at December’s monetary policy meeting.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.