Nasdaq 100 ST: turning down.

High Volatility
file_20231222181159
NQ+0%
2024-07-18 17:33Source:TC

Pivot: 20150.00

Our preference: short positions below 20150.00 with targets at 19360.00 & 18900.00 in extension.

Alternative scenario: above 20150.00 look for further upside with 20680.00 & 21370.00 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

21370.00

20680.00

20150.00

19782.00 Last

19360.00

18900.00

18450.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-18-2024 at 17:33 UTC+1

Price reference: 19782.00 last known on 07-18-2024 at 17:33 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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