Nasdaq 100 ST: the bias remains bullish.

High Volatility
file_20231222181159
NQ+0%
2024-10-11 19:50Source:TC

Pivot: 19550.00

Our preference: long positions above 19550.00 with targets at 20680.00 & 21200.00 in extension.

Alternative scenario: below 19550.00 look for further downside with 18900.00 & 18400.00 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

21400.00

21200.00

20680.00

20255.30 Last

19550.00

18900.00

18400.00

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 10-11-2024 at 19:50 UTC+1

Price reference: 20255.30 last known on 10-11-2024 at 19:50 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