Index

Nasdaq 100 may rise to 18900.00 - 19500.00

2024-05-18

Pivot

18130.00

Our preference

Long positions above 18130.00 with targets at 18900.00 & 19500.00 in extension.

Alternative scenario

Below 18130.00 look for further downside with 17830.00 & 16970.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

19800.00

19500.00

18900.00

18528.00 Last

18130.00

17830.00

16970.00

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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