Market Analysis of NSDQ on Friday 28 JUNE 2024

2024-06-28 17:45Fonte:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW  

 

NSDQ  is running in wave 4 and wave 5 can take it towards 20150 level from immediate major support  19434 to 19681 level  Stop loss is 19350 level and intraday purpose targets are 19900,19930 and 19980 levels respectively. Inner calculations showing it can jump towards 20500 or higher levels and wave 3 is going on which can take it non stop and sharp towards 20500 level .


QUICK FUNDAMENTAL LOOK

The Nasdaq jumped on Tuesday as Nvidia and other AI-linked stocks rose after bruising selloffs, while the Dow slipped from a one-month high as investors awaited key inflation data this week for further cues on the Fed's monetary policy path.  


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

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