Index

Nasdaq 100 may fall to 18380.00 - 18480.00

2024-05-24

Pivot

18730.00

Our preference

Short positions below 18730.00 with targets at 18480.00 & 18380.00 in extension.

Alternative scenario

Above 18730.00 look for further upside with 18840.00 & 18940.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

18940.00

18840.00

18730.00

18623.00 Last

18480.00

18380.00

18270.00

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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