Market Analysis of US100 on Thursday 21 NOVEMBER 2024

2024-11-21 19:26Source:BtcDana

US100 TECHNICAL ANALYSIS SHORT TERM VIEW    


US100 running in positive trend and its immediate strong support are 20510 to 20635 level .  Stop loss is 20300 level and it can rise towards 20731 level because expectation for wave C and there is irregular correction at level of 20731 level on 5 minute chart   . Intraday purpose buying is better for targets 20625, 20630 and 20680 levels respectively with stop loss 20300 level.


QUICK FUNDAMENTAL LOOK                                                                    


Nasdaq futures led declines among U.S. stock index futures on Thursday, with Nvidia's shares falling in premarket trading after investors were unimpressed by the AI leader's revenue forecast.


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

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