Index

Nasdaq 100 may rise to 20680.00 - 21200.00

2024-10-12

Pivot

19550.00

Our preference

Long positions above 19550.00 with targets at 20680.00 & 21200.00 in extension.

Alternative scenario

Below 19550.00 look for further downside with 18900.00 & 18400.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

21400.00

21200.00

20680.00

20255.30 Last

19550.00

18900.00

18400.00

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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