Title: Nasdaq Futures ( NQ1! ), H4 Potential for a drop! Type: Bearish Resistance : 14829 Pivot: 14642 Support : 14270 Preferred case: With price expected to reverse off the stochastics resistance, we have a bearish bias that price will from our Pivot at 14870 in line pullback support and 78.6% Fibonacci retracement towards our 1st support at 14036 in line with the pullback support and 23.6% Fibonacci retreatment.
Alternative scenario: If prices were to reverse, price may potential rise towards our 1st resistance at 15541 which is in line with the overlap resistance.
Fundamentals: With the concerns over the war in Ukraine, European stocks are expected to trade lower.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Juga di:
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.