Market Analysis of NSDQ on Wednesday 26 JUNE 2024

2024-06-26 18:08Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW  

 

NSDQ  is running in wave 4 and wave 5 can take it towards 20150 level from immediate major support  19434 to 19681 level  Stop loss is 19350 level and intraday purpose targets are 19810,19840 and 19870 respectively.


QUICK FUNDAMENTAL LOOK

The Nasdaq jumped on Tuesday as Nvidia and other AI-linked stocks rose after bruising selloffs, while the Dow slipped from a one-month high as investors awaited key inflation data this week for further cues on the Fed's monetary policy path.  


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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