US Nas 100Diupdate NASDAQ Weekly Update
As we have seen big drop in US Dollar last weeks, NASDAQ price went up and formed new uptrend. However if you look in bigger picture price is still in longer downtrend. If the price continues to grow then we can see price action on the resistance (red line), last top (red dashed line) and downtrend (red line). If we see price closed above last top that could indicate bullish movements in the future. On the other side, if we are going too see price rejection from mentioned points or even from this point, then before testing last bottom which could be new support (green dashed line) price could restest newly formed trend line (green line).
Price predictions that I drawn on the chart does not represent real prediction of the price in given time interval and does not show exact points where I think that price will go. It shows one of the possible price moving in general.
This is not financial advice and I am not a financial advisor. It is important to do your own research and make your own opinion before getting into any trades or financial investments. You are responsible for all your trades and all win and lose results, so manage your risk according to your financial situation. Don't invest money which you are not ready to lose.
Price predictions that I drawn on the chart does not represent real prediction of the price in given time interval and does not show exact points where I think that price will go. It shows one of the possible price moving in general.
This is not financial advice and I am not a financial advisor. It is important to do your own research and make your own opinion before getting into any trades or financial investments. You are responsible for all your trades and all win and lose results, so manage your risk according to your financial situation. Don't invest money which you are not ready to lose.
Trade aktif
It seems that price is continuing downtrend and it is possible that it will test uptrend line (green line).Trade aktif
Next week could be crucial for this setup. Price is now bellow resistance and very near to downtrend line.Trading ditutup secara manual
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.