Market Analysis of NSDQ on Friday 3 May 2024

2024-05-03 18:42Fonte:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

  NSDQ  is running in positive  trend and its immediate  strong support are 17540 to 17601 level .Intraday purpose buying is better with stop loss 17500 expecting intraday target 17670,17690 and 17720 level respectively.It can rise above 17822 level without touch 17500 level directly .

 QUICK FUNDAMENTAL LOOK                                                                     

June Nasdaq 100 E-Mini futures are trending up +0.56% this morning as market participants cheered forecast-beating quarterly results and a record share buyback from tech giant Apple and looked ahead to critical U.S. non-farm payroll data due later in the day.

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

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