Nasdaq 100, H4
Pivot: 13796.00
Analysis:
Provided that the index is traded below 14000.00, follow the recommendations below:
- Time frame: H4
- Recommendation: short position
- Entry point: 13796.00
- Take Profit 1: 13660.00
- Take Profit 2: 13530.00
Alternative scenario:
In case of breakout of the level 14000.00, follow the recommendations below:
- Time frame: H4
- Recommendation: long position
- Entry point: 14000.00
- Take Profit 1: 14150.00
- Take Profit 2: 14320.00
Comment:
RSI indicates a downtrend during the day.
Key levels:
Resistance --- Support
14320.00 ----- 13660.00
14150.00 ----- 13530.00
14000.00 ----- 13470.00
Nasdaq 100, D1
Pivot: 13757.00
Analysis:
Provided that the index is traded above 13180.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 13757.00
- Take Profit 1: 14560.00
- Take Profit 2: 14650.00
Alternative scenario:
In case of breakdown of the level 13180.00, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 13180.00
- Take Profit 1: 12620.00
- Take Profit 2: 12200.00
Comment:
RSI is bullish and indicates further increase.
Key levels:
Resistance --- Support
14850.00 ----- 13180.00
14650.00 ----- 12620.00
14560.00 ----- 12200.00
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