empty
 
 
18.06.2021 02:45 PM
Trading Signal for Nasdaq 100 #NDX, for June 18 - 21, 2021: Sell below 14,188

This image is no longer relevant

The Nasdaq 100 technology index, #NDX, is trading within an uptrend channel on 4-hour charts, after breaking the 21 SMA yesterday. It is now consolidating above this level and is likely to continue its upward movement to the top of the channel at around 14,300.

In view of the fact that the last 4-hour candles show exhaustion of the bullish force, the index is likely to make a correction to the 14,062 zone. There is the 5/8 of murray and also the SMA of 21. This will be a good key point to buy the Nasdaq 100 #NDX. You can sell at the current price levels very carefully.

On the contrary, in case of a pullback towards the top of the channel at 14,300, there is the 6/8 murray a little higher that acts as strong resistance. So, it will be a good opportunity to sell below this level.

The Nasdaq 100 #NDX is expected to make a technical bounce above the 5/8 of murray and SMA of 21. If the price consolidates around this levels, it will be a good opportunity to buy with targets on the top of the bullish channel at 14,300.

The eagle indicator is in the overbought zone. It looks like the bullish force is running out, so we must be careful with purchases. It is better to wait for a rebound to the support zone to buy or sell at the current price levels.

Support and Resistance Levels for June 18 – 21, 2021

Resistance (3) 14,405

Resistance (2) 14,309

Resistance (1) 14,201

----------------------------

Support (1) 14,078

Support (2) 13,952

Support (3) 13,894

Dimitrios Zappas,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $8000 अधिक!
    में मार्च हम आकर्षित करते हैं $8000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback