NQ long term range
When analyzing the long-term range for NQ (Nasdaq 100), we observe key levels at 13680 as the upper boundary and 10900 as the lower boundary. These levels have played a significant role in shaping the price action of NQ over an extended period.
The upper boundary at 13680 represents a critical resistance level for NQ. Historically, the price has struggled to break above this level, indicating strong selling pressure from market participants. Sustained bullish momentum and a convincing breakthrough above 13680 would suggest a potential upward shift in the long-term range, opening doors for further upside movement.
Conversely, the lower boundary at 10900 acts as a crucial support level for NQ. It has proven to be a resilient level, often attracting buyers and causing the price to rebound. If NQ experiences a significant decline and falls below this level, it could signal a shift in sentiment, potentially leading to a broader downtrend.
Navigating within this long-term range of 13680 to 10900 requires careful analysis of shorter-term trends, market indicators, and fundamental factors. Traders and investors closely monitor price movements near these boundaries to gauge potential breakout or reversal opportunities.
It's important to note that while historical data provides insights, future price movements are subject to various market conditions and unforeseen events, so a comprehensive analysis should consider multiple factors before making any investment decisions.
The upper boundary at 13680 represents a critical resistance level for NQ. Historically, the price has struggled to break above this level, indicating strong selling pressure from market participants. Sustained bullish momentum and a convincing breakthrough above 13680 would suggest a potential upward shift in the long-term range, opening doors for further upside movement.
Conversely, the lower boundary at 10900 acts as a crucial support level for NQ. It has proven to be a resilient level, often attracting buyers and causing the price to rebound. If NQ experiences a significant decline and falls below this level, it could signal a shift in sentiment, potentially leading to a broader downtrend.
Navigating within this long-term range of 13680 to 10900 requires careful analysis of shorter-term trends, market indicators, and fundamental factors. Traders and investors closely monitor price movements near these boundaries to gauge potential breakout or reversal opportunities.
It's important to note that while historical data provides insights, future price movements are subject to various market conditions and unforeseen events, so a comprehensive analysis should consider multiple factors before making any investment decisions.
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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.