Nasdaq 100 ST: bullish bias above 17400.00.

High Volatility
file_20231222181159
NQ+0%
2024-02-19 03:22Source:TC

Pivot: 17400.00

Our preference: long positions above 17400.00 with targets at 18200.00 & 18530.00 in extension.

Alternative scenario: below 17400.00 look for further downside with 16960.00 & 16250.00 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

18700.00

18530.00

18200.00

17686.00 Last

17400.00

16960.00

16250.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 02-19-2024 at 03:22 UTC+1

Price reference: 17686.00 last known on 02-19-2024 at 03:22 UTC+1

Investment horizon: ST

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

More