Market Analysis of NSDQ on Friday 25 August 2023

2023-08-25 13:22Fonte:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

    NSDQ has strong resistance 14900 TO 15000 levels and it can fall below 14946 levels without touch 15020 level .So if it comes near to resistance area then we  can add more quantity with stop loss 15020 expecting targets below 15946 level.One minute chart calculation suggesting it should fall below without touch 14868 for target 14846 level .So both probabilities suggesting overall target 14846 should come without touch 15020.

 QUICK FUNDAMENTAL LOOK                                                                     

US stock market: Dow, S&P 500 fall 1%, focus shifts to upcoming Powell speech.Shares of Nvidia ended barely higher after they hit a record high early in the session. 

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

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