Nasdaq 100 ST: the upside prevails.

High Volatility
file_20231222181159
NQ+0%
2024-05-17 21:20Source:TC

Pivot: 18130.00

Our preference: long positions above 18130.00 with targets at 18900.00 & 19500.00 in extension.

Alternative scenario: below 18130.00 look for further downside with 17830.00 & 16970.00 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

19800.00

19500.00

18900.00

18528.00 Last

18130.00

17830.00

16970.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-17-2024 at 21:20 UTC+1

Price reference: 18528.00 last known on 05-17-2024 at 21:20 UTC+1

Investment horizon: ST

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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.

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