Nasdaq Futures Rise on Fed Cut Hopes; Amazon and Apple Earnings
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Nasdaq Futures Climb on Upbeat Meta Results and Fed Cut Hopes; Amazon and Apple Earnings Awaited
Technical Analysis:
The price has reached the resistance line as previously mentioned.
Next Outlook:
For the Nasdaq to maintain its bearish trend, it must stabilize below the resistance line at 19,625, targeting a move towards 19,220.
Bullish Scenario:
Closing a 4-hour candle above 19,625 could push the price to 19,740 and 19,845.
Bearish Scenario:
As long as the price trades below 19,625, the bearish trend remains intact. Stability below 19,525 will likely lead to a drop to 19,220.
Key Levels:
- Pivot Line: 19,525
- Resistance Levels: 19,625, 19,735, 19,845
- Support Levels: 19,220, 19,100, 18,930
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19,100 and the resistance at 19,625.
previous idea:
Technical Analysis:
The price has reached the resistance line as previously mentioned.
Next Outlook:
For the Nasdaq to maintain its bearish trend, it must stabilize below the resistance line at 19,625, targeting a move towards 19,220.
Bullish Scenario:
Closing a 4-hour candle above 19,625 could push the price to 19,740 and 19,845.
Bearish Scenario:
As long as the price trades below 19,625, the bearish trend remains intact. Stability below 19,525 will likely lead to a drop to 19,220.
Key Levels:
- Pivot Line: 19,525
- Resistance Levels: 19,625, 19,735, 19,845
- Support Levels: 19,220, 19,100, 18,930
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19,100 and the resistance at 19,625.
previous idea:
Kommentar
Moving Well +290 pip✅breaking under 19220 will touch 19100
the movement range will be between 19220 and 19370 till breaking
Kommentar
we got about 1200 pip profitand still running... to 18150
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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